Tether Challenges S&P After USDT Downgrade

Tether Defends USDT After S&P Downgrades Stability Score

• S&P Global Ratings downgraded USDT’s stability score to 5, citing reserve risk and lack of full transparency.
• Tether criticized the downgrade as misguided, highlighting its stablecoin’s track record and real-world use.
• USDT has consistently processed billions in volume daily across major exchanges and DeFi platforms.
• The company holds $135 billion in Treasury exposure and reported over $13 billion profit in 2024 and $10 billion year-to-date in 2025.
• Tether emphasized USDT’s role as financial infrastructure in emerging markets like Türkiye and Nigeria.

Tether contested the S&P downgrade of USDT’s stability score, arguing it overlooks the stablecoin’s strong performance and significant Treasury holdings. The company maintains its role as a key financial tool in emerging markets while processing substantial daily volumes on major platforms.