2025-11-27
If you accept the S&P rating of Tether as “weak” then you must also assign a stability rating to traditional banks of “non-existent”. TradFi is mispricing the balance sheet strength of both Bitcoin and stablecoin companies. My advice to TradFi: look in the mirror first.
Bloomberg
The S&P downgrades the ability of Tether's USDT to maintain its US dollar peg to “weak”, the lowest rating, citing exposure to high-risk assets such as bitcoin
their only recourse is to attack us because they're losing. Paolo Ardoino / @paoloardoino : System is broken. They're upset we make it evident Matt Cole / @colemacro : If you accep...
If you accept the S&P rating of Tether as “weak” then you must also assign a stability rating to traditional banks of “non-existent”. TradFi is mispricing the balance sheet strength of both Bitcoin and stablecoin companies. My advice to TradFi: look in the mirror first.
Financial Times
Jefferies: Tether, which said it held 116 tons of gold in September, is “the largest holder of gold outside central banks”, buying 26 tons in Q3 and 24 in Q2
Remember about a month ago, when gold hit an all-time high, lots of commentators got on their hobby horses to huff about currency debasement?
2025-09-30
Good move @Vanguard_Group.
Crypto in America
Sources: asset manager Vanguard, which has historically been critical of cryptocurrencies, prepares to allow access to crypto ETFs on its brokerage platform
Crypto in America :