[S&P Global Downgrades USDT's Ability to Maintain Dollar Peg to Lowest Rating] S&P Global Ratings has downgraded Tether's USDT stablecoin's ability to maintain its peg to the US dollar to the lowest level, classified as 'Weak.' S&P noted that this assessment reflects the increased exposure to high-risk assets in USDT's reserves over the past year, including Bitcoin, gold, secured loans, and corporate bonds, while also taking into account the limited disclosure of information. S&P warned that a decline in Bitcoin prices could lead to an under-collateralization risk for USDT.