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CoinOtag 2025-11-30 20:20:37

Tether CEO Counters S&P USDT Peg Downgrade with Asset Details as Analysts Weigh Risks

Tether CEO Paolo Ardoino refuted S&P Global's downgrade of the USDT stablecoin's peg rating to "weak," emphasizing that the agency overlooked $7 billion in excess equity, $23 billion in retained earnings, and $500 million in monthly profits from US Treasury yields, ensuring robust collateralization beyond reported reserves. Tether's Q3 2025 assets reached $215 billion against [...]

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