S&P has downgraded Tether’s rating from 4 to 5 the lowest possible
Reasons:
🔶 high risks related to reserve assets 🔶 gaps in transparency and disclosures 🔶 lack of a reliable regulatory framework 🔶 no proper asset segregation 🔶 limitations on priority redemptions
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S&P has downgraded Tether’s rating from 4 to 5 the lowest possible
Reasons:
🔶 high risks related to reserve assets
🔶 gaps in transparency and disclosures
🔶 lack of a reliable regulatory framework
🔶 no proper asset segregation
🔶 limitations on priority redemptions