Tether CEO Challenges S&P Downgrade, Critiques Traditional Finance
The post Tether CEO Challenges S&P Downgrade, Critiques Traditional Finance appeared on BitcoinEthereumNews.com.
Key Points: Paolo Ardoino, criticisms, S&P downgrade, USDT impact, industry shift. No direct funding changes or market cap loss occurred. The USDT retains its 1:1 peg to the USD. Tether CEO Paolo Ardoino has publicly criticized S&P Global’s downgrade of USDT, questioning the credibility of traditional rating systems and advocating for Tether’s financial model. The event highlights tensions between traditional finance and crypto-native models, raising questions about regulatory frameworks and the stability of cryptocurrency ecosystems. Tether CEO Responds: Overcapitalization and Traditional Finance Critique Paolo Ardoino’s response to the recent S&P Global downgrade was critical, pointing out issues with traditional financial systems. He described Tether as overcapitalized and free from toxic assets while criticizing the reluctance of legacy institutions to accept new models. Ardoino’s comments highlight ongoing tensions between Tether and mainstream finance, which he believes fail to adequately assess digital financial models. The downgrade has not caused immediate shifts in Tether’s operations or its market influence. USDT continues to maintain its dollar parity despite the rating change, bolstered by Tether’s large market position. No notable changes have emerged in Tether’s issuance or investor backing as a result of the rating adjustment. Paolo Ardoino, CEO of Tether Holdings Ltd., – “We wear your loathing with pride. The classical rating models built for legacy financial institutions… historically led private and institutional investors to invest their wealth into companies that despite being attributed investment grade… collapsed.” Key figures in the industry have backed Ardoino’s stance. Binance CEO CZ noted Tether’s efforts towards transparency, while BitMEX co-founder Arthur Hayes spoke of the downgrade as a signal of crypto’s disruptive potential. Market voices voicing support for Tether’s independence further augment the discourse on financial rating appositeness. USDT’s Stability During Market Turbulence and Regulatory Eye Did you know? The USDT’s ability to keep its dollar peg…
Filed under: News - @ November 27, 2025 1:28 am