S&P Global just slapped Tether with their harshest verdict yet. USDT scored a dismal 5 out of 5 on the stablecoin risk scale—literally rock bottom. What triggered the downgrade? The rating giant pointed to a troubling trend: Tether's reserves are packing more questionable assets lately, while that transparency fog around their disclosures refuses to lift. For the world's most traded stablecoin, this assessment stings. Markets are watching closely.
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PessimisticLayer
· 11-29 21:46
Tether has crashed again. I've said it before, don't touch it. Now look what happened, it should be delisted with the lowest score.
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ThreeHornBlasts
· 11-27 05:33
USDT has really been smashed this time... The transparency issue has always been a concern, and now that S&P has publicly named it, will the market reaction be very fierce?
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AirdropLicker
· 11-26 22:56
This time, USDT is really Rekt. Are the reserves still playing this trap? If the transparency doesn't improve, it will eventually crash.
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BlockchainBrokenPromise
· 11-26 22:55
Uh... Is USDT really not holding up anymore? I thought they could continue to muddle through.
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CoinBasedThinking
· 11-26 22:52
USDT has really been slapped in the face this time, a perfect 5 out of 5 directly pumped, what else can we do...
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AirdropDreamBreaker
· 11-26 22:49
Wait, is USDT being pumped directly to 5/5 risk? This S&P is too ruthless... By the way, Tether's entire savings have long been concerning, and now it's been officially confirmed?
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NeonCollector
· 11-26 22:44
I said it, this wave of USDT is really falling, those tricks in the reserves will eventually lead to trouble.
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Is transparency still just a cover-up? It's time to downgrade.
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5/5 risk rating, laughing to death, the largest stablecoin in the crypto world is actually the most unstable, the level of irony is off the charts.
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Tether's actions this time are indeed ridiculous, the credibility has directly big dumped, the problem is we still have to use it for trading...
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What exactly is in the reserves? The problematic assets are increasing, this is the real time bomb.
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S&P finally said it, the market has long been aware.
S&P Global just slapped Tether with their harshest verdict yet. USDT scored a dismal 5 out of 5 on the stablecoin risk scale—literally rock bottom. What triggered the downgrade? The rating giant pointed to a troubling trend: Tether's reserves are packing more questionable assets lately, while that transparency fog around their disclosures refuses to lift. For the world's most traded stablecoin, this assessment stings. Markets are watching closely.