The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework.

Source: [CoinTelegraph](https://cointelegraph.com/news/sp-blackrock-tokenized-reserve-fund-stability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

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