S&P Slaps Tether With a “Weak” Rating.
By Maxime Laurent · 2025-11-27 09:31
S&P Slaps Tether With a “Weak” Rating.
S&P downgrades Tether over disclosure gaps and rising risky assets.
S&P Global just pushed Tether’s rating from 4 to 5 — “weak”, citing poor transparency and a growing share of “riskier” reserves. And honestly, en vérité, this feels like another chapter in the long feud between old finance and onchain money.
Their logic? Despite $USDT being overwhelmingly backed by U.S. Treasuries, S&P points to Tether’s rising exposure to gold, $BTC, secured loans, corporate bonds and other investments they label as volatile or insufficiently disclosed. Ironically, gold — a safe haven for centuries — is suddenly “high-risk” when Tether holds it 🤦♂️
And Paolo Ardoino didn’t mince words. He fired back saying the traditional financial system is broken, and agencies are simply annoyed that Tether is making that obvious. Down here by the sea, sipping my afternoon coffee, I couldn’t help but nod — the clash of worlds is getting louder. Crypto moves faster, takes different bets, and doesn’t wait for permission.
Whether you see Tether as bold or reckless, one thing’s clear: USDT sits at the center of the $50T+ stablecoin economy, and every shake here sends waves across the whole market.
#USDT #tether #S&P #stablecoins #crypto #BTC #gold #markets
S&P downgrades Tether over disclosure gaps and rising risky assets.
S&P Global just pushed Tether’s rating from 4 to 5 — “weak”, citing poor transparency and a growing share of “riskier” reserves. And honestly, en vérité, this feels like another chapter in the long feud between old finance and onchain money.
Their logic? Despite $USDT being overwhelmingly backed by U.S. Treasuries, S&P points to Tether’s rising exposure to gold, $BTC, secured loans, corporate bonds and other investments they label as volatile or insufficiently disclosed. Ironically, gold — a safe haven for centuries — is suddenly “high-risk” when Tether holds it 🤦♂️
And Paolo Ardoino didn’t mince words. He fired back saying the traditional financial system is broken, and agencies are simply annoyed that Tether is making that obvious. Down here by the sea, sipping my afternoon coffee, I couldn’t help but nod — the clash of worlds is getting louder. Crypto moves faster, takes different bets, and doesn’t wait for permission.
Whether you see Tether as bold or reckless, one thing’s clear: USDT sits at the center of the $50T+ stablecoin economy, and every shake here sends waves across the whole market.
#USDT #tether #S&P #stablecoins #crypto #BTC #gold #markets
Disclaimer: This content is for informational purposes only and not financial advice.