S&P Downgrades Tether USDT To Weak Rating: Understanding The Risks And Implications
Introduction On November 26, 2025, S&P Global announced the downgrade of the stability rating of Tether’s flagship stablecoin, USDT, lowering it from “constrained” to “weak.” This is the lowest rating available under the scale S&P uses to assess stablecoins and signals serious concerns over both the composition of Tether’s reserves and the transparency of its […]