#稳定币市场动态 Did everyone see this news? S&P downgraded USDT to the lowest rating, mainly because of increased high-risk reserve assets and insufficient information disclosure. But I don't think there's much to worry about—USDT's market position is hard to shake in the short term. Its liquidity and network effects are just too strong.
However, in the long run, Tether still needs to take transparency issues seriously. After all, they've announced plans to launch a new stablecoin, USAT, in the US, which will definitely face stricter regulatory scrutiny.
For regular users like us, continuing to use USDT in the short term shouldn't be a problem. But we should also pay attention to other stablecoins with higher transparency, like USDC. It's always good to diversify risk. What do you all think?
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#稳定币市场动态 Did everyone see this news? S&P downgraded USDT to the lowest rating, mainly because of increased high-risk reserve assets and insufficient information disclosure. But I don't think there's much to worry about—USDT's market position is hard to shake in the short term. Its liquidity and network effects are just too strong.
However, in the long run, Tether still needs to take transparency issues seriously. After all, they've announced plans to launch a new stablecoin, USAT, in the US, which will definitely face stricter regulatory scrutiny.
For regular users like us, continuing to use USDT in the short term shouldn't be a problem. But we should also pay attention to other stablecoins with higher transparency, like USDC. It's always good to diversify risk. What do you all think?