Oh my gosh! I just saw this news and my brain feels a bit confused😵 How did Standard & Poor's actually downgrade USDT to the lowest rating? I thought USDT was the big brother among stablecoins! Does this mean USDT is no longer safe? I'm so worried about whether the money I have in it might have problems😨
But I saw Tether's CEO respond saying their company is actually very stable, and also saying that traditional rating agencies are unreliable. Now I'm even more confused, who should I believe?🤔
Can any experts explain what this rating really means? What impact does it have on us regular users? Should I switch USDT to USDC? I have so many questions and hope someone can give some advice!🙏
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Oh my gosh! I just saw this news and my brain feels a bit confused😵 How did Standard & Poor's actually downgrade USDT to the lowest rating? I thought USDT was the big brother among stablecoins! Does this mean USDT is no longer safe? I'm so worried about whether the money I have in it might have problems😨
But I saw Tether's CEO respond saying their company is actually very stable, and also saying that traditional rating agencies are unreliable. Now I'm even more confused, who should I believe?🤔
Can any experts explain what this rating really means? What impact does it have on us regular users? Should I switch USDT to USDC? I have so many questions and hope someone can give some advice!🙏