Tether

TLDR Tether has decided to shut down its Bitcoin mining operations in Uruguay due to high electricity costs. The company officially informed Uruguay’s Ministry of Labor about the closure during a recent meeting. Tether laid […]

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 […]

S&P Downgrades Tether Stability Rating to Lowest S&P cites Bitcoins 20% drop, collateral risks, and reserve transparency issues

PARIS (Reuters) -S&P Global has downgraded its rating of the world’s largest stablecoin, Tether, citing an increase in higher-risk assets in the cryptocurrency’s reserves and “persistent gaps in disclosure”, the ratings agency said on Wednesday. […]