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flag S&P downgraded Tether's USDT to "5" due to higher risk from Bitcoin, gold, and transparency concerns, which Tether disputes.

flag S&P Global downgraded Tether’s USDT stablecoin to its weakest “5” rating, citing increased exposure to volatile assets like Bitcoin and gold, which now make up 24% of reserves, and concerns over reserve transparency. flag Tether rejected the assessment, emphasizing its $215 billion in assets, strong Treasury holdings, and profitability, while analysts remain divided on whether the risks outweigh its financial strength and historical peg stability.

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