USDC tops S&P Global’s stablecoin stability chart while Tether faces scrutiny
S&P Global Ratings, a leader in providing credit ratings, announced a crucial series of stability assessments for various stablecoins on Dec. 12, rating each asset’s stability strength on a five-point scale. Lapo Guadagnuolo, senior analyst at S&P Global Ratings, said: “We see stablecoins becoming further embedded into the fabric of financial markets, acting as an...