Tether CEO slams S&P ratings agency and Influencers spreading USDt FUD
Market Intelligence Analysis
AI-PoweredTether's CEO has criticized S&P ratings agency and influencers for spreading fear, uncertainty, and doubt (FUD) regarding USDt, especially following S&P's downgrade of USDt's ability to maintain its peg due to concerns over Tether's reserves in Bitcoin and gold. This situation may lead to increased scrutiny and volatility in the stablecoin market.
Market impact analysis based on bearish sentiment with 76% confidence.
Article Context
The comments followed S&P's downgrade of USDt's ability to maintain its peg, which cited Tether's Bitcoin and gold reserves as a concern.
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