S&P Slashes USDT’s Dollar-Peg Stability to Lowest Rating
S&P Global Ratings has issued a significant downgrade to Tether’s USDT, placing the world’s largest stablecoin at the lowest level of its stability scale. The rating agency stated that USDT’s
Stablecoin Explosion Forces Basel Committee to Rethink Stringent Bank Regulations
Rapid Stablecoin Growth Prompts Basel Regulators to Reconsider Tough Crypto Rules The Basel Committee on Banking Supervision is facing increasing pressure to revisit its capital requirements for crypto assets as