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Key Takeaways
- S&P downgraded USDT’s stability rating because of reserve danger and lack of full transparency.
- Tether responded with a sweeping protection of its reserves, profitability, and systemic relevance in rising markets
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Tether has pushed again in opposition to S&P World Rankings after the company downgraded USDT’s stability rating to five, its lowest stage, citing publicity to dangerous belongings like Bitcoin and lack of reserve readability.
Tether referred to as the downgrade misguided and primarily based on a legacy framework that ignores the stablecoin’s observe report and real-world use. It famous USDT has by no means failed a redemption, even throughout crises, and continues to course of billions in quantity day by day throughout main exchanges and DeFi platforms.
The corporate emphasised its $135 billion in Treasury publicity, putting it among the many prime world holders, and cited over $13 billion in revenue in 2024 and $10 billion year-to-date in 2025 as proof of its power.
It additionally underscored USDT’s world function as monetary infrastructure in rising markets like Türkiye and Nigeria, not only a speculative token.
CEO Paolo Ardoino dismissed the ranking as legacy finance propaganda, posting, “We put on your loathing with pleasure,” and challenged S&P to evaluate USDT utilizing clear, on-chain information somewhat than outdated fashions.
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