S&P Downgrades Tether Amid Macro Risks

[tradelikepro]

S&P Global Ratings has downgraded Tether’s USDT peg reliability from “constrained” to “weak” due to rising exposure to high-risk assets and gaps in disclosure.
The downgrade coincides with Japan’s bond market shift, sparking speculation on potential Treasury-driven volatility that could affect stablecoins and crypto markets.
Despite this, Tether’s history of maintaining its peg and a $10B profit buffer keeps the probability of a forced depeg very low in the eyes of most traders.

[Abdul Khan]

Downgrade highlights ongoing concerns around stablecoin backing.

[Rimon Khan]

Market may see short-term uncertainty around USDT.