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Home›The Defiant›Tether CEO Slams S& P Ratings as ‘Propaganda Machine’ After USDT Downgrade
The Defiant

The Defiant

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Tether CEO Slams S& P Ratings as ‘Propaganda Machine’ After USDT Downgrade

November 27, 2025
1 min read
Tether CEO Slams S& P Ratings as ‘Propaganda Machine’ After USDT Downgrade

Tether CEO Paolo Ardoino fired back at S&P Global Ratings after it downgraded USDT’s dollar-peg score, calling the agency a “propaganda machine.”

On Wednesday, Nov. 26, S&P Global Ratings lowered its stablecoin stability assessment for USDT from 4 (constrained) to 5 (weak), its lowest mark, putting USDT in the same bucket as Justin Sun-linked TrueUSD (TUSD) and Ethena’s USDe.

Tether CEO Slams S&P Ratings as ‘Propaganda Machine’ After USDT Downgrade

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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