🎤 WAR OF WORDS: Tether CEO SLAMS S&P Global Ratings! 💥

Paolo Ardoino is NOT holding back! 🔥 S&P Global Ratings just hit Tether's USDT with its lowest stability score of "Weak" (5 out of 5), citing an increase in "higher-risk reserves" (like Bitcoin and gold) and "persistent gaps in disclosure."

The Key Concerns from S&P:

⚠️ Bitcoin Exposure: BTC holdings are now exceeding Tether's over-collateralization buffer, creating risk if prices crash.

🔒 Disclosure Gaps: Lack of clarity on custodians, counterparties, and reserve management.

📈 Risky Assets: High-risk holdings (secured loans, corporate bonds) are up to 24% of reserves.

The CEO's Counter-Punch: Tether CEO Paolo Ardoino fired back on X, saying: "We wear your loathing with pride." He argued that S&P's traditional finance models are "outdated" and have historically led investors into failed companies, suggesting the downgrade is "traditional finance propaganda" against a system defying the broken legacy structure.

What side are you on? Is Tether too risky, or is traditional finance just threatened by crypto's dominance?

#Tether #USDT #Stablecoin #PaoloArdoino #SPGlobal #CryptoNews #Binance #BTC #transparency #DeFi