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Oluwapelumi Adejumo

S&P Downgrades Tether to Lowest Stability Rating Despite $130B Treasury Holdings and 116-Ton Gold Stockpile

S&P Global assigned USDT a stability score of 5 on November 26, the lowest rating in its stablecoin assessment framework. The agency cited concerns over reserve composition, including approximately $10 billion in Bitcoin holdings and around $15 billion in secured loans. Despite the downgrade, USDT's market capitalization exceeded $184 billion, reaching an all-time high.
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