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Ratings
S&P Faults Biggest Stablecoin, Tether's USDT, as It Debuts New Industry Ranking
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat, the rating agency says.

Coinbase Rated ‘Overweight’ in New Coverage at JPMorgan: Report
Analyst Kenneth Worthington said he believes Coinbase has the potential to grow into something that resembles a more traditional financial institution for crypto.

Coinbase Rated 'Overweight' in Initial Coverage by Piper Sandler: Report
Analyst Rich Repetto points to the exchange's expanding market share in a fast-growing industry.

Oppenheimer Rates Coinbase Stock as ‘Outperform,’ Sets Price Target of $434
Oppenheimer analyst Owen Lau said Coinbase stock is likely to be volatile in the near term, but “earnings upside potential is significant.”

MicroStrategy Rated 'Buy' by BTIG Partly on View Bitcoin Will Hit $95K by End of 2022
BTIG also praised the firm's core business.

Asset Ratings Giant Morningstar Takes First Plunge Into Blockchain Securities
As part of a $39.7 million investment in FAT Brands, DBRS Morningstar has for the first time rated securities issued on a blockchain.

Financial Services Giant Morningstar to Offer Ratings for Crypto Assets
Morningstar Credit Ratings is planning a rating system for tokenized debt securities to make the emerging asset class more credible for investors.
