S&P's Tether Downgrade Revives 'De-pegging' Risk Warning, HSBC Says

S&P's recent downgrade of Tether has reignited concerns over the potential risk of the stablecoin losing its peg to the U.S. dollar, according to a statement from HSBC. The downgrade has raised alarms among investors and analysts alike, prompting discussions about the stability and reliability of Tether in the ever-evolving cryptocurrency market. HSBC highlights the implications of this downgrade, suggesting that it could lead to increased volatility and uncertainty surrounding Tether's ability to maintain its value, which could have broader repercussions for the entire cryptocurrency ecosystem. source: https://www.coindesk.com/markets/2025/12/03/s-and-p-s-tether-downgrade-revives-de-pegging-risk-warning-hsbc-says