🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
S&P Global: Downgrades USDT's ability to peg to the US dollar to the lowest rating.
BlockBeats news, on November 26, according to Bloomberg, S&P Global Ratings has downgraded Tether's ability to maintain the peg of its USDT stablecoin to the US dollar to the lowest rating, warning that a fall in Bitcoin prices could lead to the risk of this stablecoin being under-collateralized. On Wednesday, the rating agency's analysts downgraded the stability rating of USDT from the previous 'limited' to 'weak'. S&P stated that this assessment 'reflects the increased exposure to high-risk assets in USDT reserves over the past year', which include Bitcoin, gold, secured loans, and corporate bonds, while also considering the limited disclosure of information.