Tether’s Titanic Tumble: S&P Slaps USDT with a “5” 🌋💸
Previously, these same analysts had deigned to award USDT a “4,” a rating that whispered of “constrained” ability to cling to the dollar like a barnacle to a ship. But oh, how the mighty have fallen! The new rating of “5” plunges it into the abyss of “weak,” a word that drips with the sarcasm of a Russian novelist observing the follies of mankind. In their November 26 report, the analysts, with all the subtlety of a sledgehammer, cited Tether’s increasing dalliance with “high-risk assets”-Bitcoin, gold, secured loans, corporate bonds, and “other investments”-as the raison d’être for this downgrade. 🤑💔



