to S&P regarding your Tether rating: We wear your loathing with pride. The classical rating models built for legacy financial institutions, historically led private and institutional investors to invest their wealth into companies that despite being attributed investment grade ratings collapsed pushing worldwide regulators to challenge such models, the independence and objective assessment of all major rating agencies. The traditional finance propaganda machine is growing worried when any company tries to defy the force of gravity of the broken financial system. No company should dare to decouple itself from it. Tether instead built the first overcapitalized company in the financial industry, with no toxic reserves. And yet is and remains extremely profitable. Tether is living proof that the traditional financial system is so broken that it's becoming feared by the emperors with no clothes.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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