S&P’s Tether Downgrade Revives ‘De-pegging’ Risk Warning, HSBC Says
The rating agency’s Tether downgrade flags redemption risk, potentially nudging institutions to higher-rated stablecoins and tokenized deposits.
The rating agency’s Tether downgrade flags redemption risk, potentially nudging institutions to higher-rated stablecoins and tokenized deposits.
Crypto-related stocks are higher across the board, led by the bitcoin miners.
Altcoins trade mixed as the total crypto market capitalization stands at $3.2 trillion.