S&P Gives Tether’s USDT Its Worst Rating as Bitcoin Holdings Exceed Safety Margin
TLDR S&P Global Ratings downgraded Tether’s USDT to its lowest stability rating of 5 (weak) on November 26, 2025 Bitcoin now represents 5.6% of USDT reserves, exceeding the 3.9% overcollateralization margin, raising concerns about potential […]

















