Tether CEO Paolo Ardoino criticized S&P Global's downgrade of USDT's peg stability rating, calling it based on outdated models and incomplete data. He highlighted Tether's $7 billion excess equity, $184.5 billion reserves, and $23 billion retained earnings to affirm the stablecoin's robust backing and financial strength beyond critics' assumptions. S&P Global downgraded USDT's peg-stability rating [...]