S&P Global Ratings says Tether’s stability is ‘weak’
S&P Global Ratings has lowered Tether's rating to its lowest possible level in its most recent Stablecoin Stability Assessment.
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S&P Global Ratings has lowered Tether's rating to its lowest possible level in its most recent Stablecoin Stability Assessment.
Read more (2 min) →Tether will terminate redemptions and freeze most USDT tokens using the Bitcoin ledger on September 1 as it terminates Omni support.
Tether, the world's largest stablecoin company, has continued to grow its secured loans business even after promising to eliminate it.
Circle's USDC has made substantial gains in 2025 across several metrics against its main stablecoin competitor, Tether's USDT.
Circle and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.
Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.
A few weeks after US Secret Service and FBI agents began surveilling USDT wallets, Tether announced “voluntary” sanctions compliance.