Emily Nicolle / Bloomberg:

The S&P downgrades the ability of Tether's USDT to maintain its US dollar peg to “weak”, the lowest rating, citing exposure to high-risk assets such as bitcoin  —  The ability of Tether's USDT stablecoin to maintain its peg to the US dollar has been downgraded to the lowest rating …

Emily Nicolle / Bloomberg:

The S&P downgrades the ability of Tether's USDT to maintain its US dollar peg to “weak”, the lowest rating, citing exposure to high-risk assets such as bitcoin  —  The ability of Tether's USDT stablecoin to maintain its peg to the US dollar has been downgraded to the lowest rating …

Source: TechMeme
Source Link: http://www.techmeme.com/251126/p28#a251126p28