I have seen a failed thermostat result in about ~45C temps. The plastic housing around the adjustment screw had failed, so it no longer had adequate spring pressure.
If you operate the TPR valve (safety valve at the top of the cylinder), this will dump hot water into the safety drain, before the tempering valve. Measure the temperature of that water using e.g. a meat or body thermometer.
IR thermometers are not usually very good at measuring water temperature.