S&P GLOBAL RATINGS DOWNGRADES USDT STABILITY RATING TO 'WEAK' OVER BTC-BACKING AND TRANSPARENCY CONCERNS

News like this usually pops up during a bear market. Most likely it means nothing and USDT will be fine, but I prefer to play it safe. It might seem like I’m being overly dramatic, but during the last bear market even the 'safest' stablecoin, USDC, depegged for several days. Why take extra risk for no reason?

And btw right before the UST (Terra) collapse there were tons of warning signs, posts, and articles. I listened to them, and I’m glad I did.

Stay safu, guys! ✊