Despite the collapse of the cryptocurrency market, Bitcoin has fallen to a 16-month low, while Tether has shown strong resilience due to its diversified asset backing. According to NS3, Tether's assets include Bitcoin, gold, and real estate. The company has expanded into several tech fields beyond stablecoins, such as Bitcoin mining, crypto wallet software, and health applications. However, Tether's increased exposure to high-risk assets has led to its stability rating being downgraded by S&P Global, raising concerns about vulnerability during market downturns.

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