Analysts at S&amp;P Global Ratings <a href="https://www.spglobal.com/ratings/en/regulatory/delegate/getPDF?articleId=3486415&amp;type=COMMENTS&amp;defaultFormat=PDF">downgraded the</a> stability rating of the USDT steiblcoin from "limited" to the minimum - "weak". The reason for the agency called the growing share of high-risk assets in the reserves of the issuer of the token - the company Tether. Tether's assets are held in bitcoin, gold and corporate bonds. S&amp;P Global warned that the falling bitcoin price could lead to insufficient collateralization of the token.

S&amp;P Global has downgraded the stability rating of the Tether stablecoin. What is wrong with the token?

Circle Internet Group

Despite a 12% drop in Circle Internet Group quotes after the quarterly report on November 12, JPMorgan analysts advised to buy the issuer's securities USDC. They called the results for the third quarter "confident", noting that key metrics exceeded their expectations. JPMorgan raised the securities' valuation by two steps at once - from "Below market" (underweight) to "Above market" (overweight) and raised the target price on Circle shares from $94 to $100.

Circle shares fell 12% after the report. Why did JPMorgan start advising to buy them?

Oracle Corporation

Alibaba Group Holding Limited

Intel Corporation

Nvidia announced a strategic partnership with OpenAI and plans to invest up to $100 billion to create an "AI factory." Intel is in talks with Apple and TSMC to invest in its production. Oracle has placed $18 billion in bonds to cover the costs associated with the AI boom. US President Donald Trump imposed duties of 100% on drugs and approved a deal to sell TikTok to a pool of investors. About the main events from September 22 to 26 - in our review.

Highlights of the week: US gets TikTok, Intel seeks partners, Nvidia and OpenAI alliance

Tether Holdings, the issuer of the world's largest stablecoin USDT, is in talks with investors to raise up to $20 billion at a valuation of the entire company at $500 billion, Bloomberg sources <a href="https://www.bloomberg.com/news/articles/2025-09-23/crypto-giant-tether-seeks-500-billion-valuation-in-major-raise">said</a>. This would make Tether one of the most expensive private companies in the world, the agency noted.