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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.

Автор Camomile Shumba, Nick Baker|Відредаговано Sheldon Reback
Оновлено 8 бер. 2024 р., 6:37 пп Опубліковано 13 груд. 2023 р., 3:58 пп Перекладено AI
Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)
Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)