TechFlow news, November 27 — Tether CEO Paolo Ardoino responded on social media to "S&P downgrading Tether's stability score to the weakest level," stating, "We wear your disdain as a badge of honor."
Paolo Ardoino criticized traditional rating models designed exclusively for conventional financial institutions, noting they have historically misled both private and institutional investors into investing in companies that held investment-grade ratings yet eventually collapsed. This has led global regulators to question the independence and objective assessment capabilities of such models and all major rating agencies. He added that whenever any company attempts to challenge the gravitational pull of the broken financial system, the traditional finance propaganda machine grows anxious, believing no company should dare break away from the traditional financial framework. Paolo Ardoino emphasized that Tether has established the first over-capitalized firm in the financial industry, with no toxic reserves, while maintaining exceptionally high profitability. He stated that Tether stands as living proof of how deeply fractured the traditional financial system is—so much so that it terrifies those "emperors without clothes."
