Tether USDT Downgrade by S&P Global Sparks Crypto Community Debate

Standard & Poor's has issued a downgrade for Tether's stablecoin USDT, triggering significant discussion across cryptocurrency communities. The rating adjustment reflects ongoing concerns about Tether's reserve composition and regulatory compliance. Market participants are divided in their response, with some defending USDT's market position while others express skepticism about the stablecoin's long-term stability. The debate highlights continuing questions about transparency in the stablecoin sector as regulatory scrutiny intensifies globally.