Tether Fires Back at S&P: Calls Downgrade a Joke, Says ‘Trust Us, We’re Fine!’ đ
S&P decided to knock down USDTâs stability score to a weak 5-yikes! Why? Well, apparently because Tether is allegedly holding too many âriskyâ assets and failing to open up about its reserves. The big bad culprit? Bitcoin, which now holds a bigger slice of USDTâs reserves. But, oh wait-according to S&P, if Bitcoin takes a nosedive, USDT could be in trouble. Well, thanks for the heads-up, S&P!



