#SPGlobalRatings downgraded #Tether’s #USDT #stabilityscore to the weakest level, citing increased #risk from #bitcoin and other high-risk reserve assets. The agency warned that a significant bitcoin price drop could leave USDT undercollateralised. Tether CEO Paolo Ardoino rejected the assessment, arguing that Tether is overcapitalised and unfairly targeted. https://www.theblock.co/post/380562/tether-usdt-stability-score-weak-sp-reserves-cant-absorb-bitcoin-drop?eickercrypto.com #crypto #blockchain