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! ✊
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The turbulence continues. Same advice as always: right now it’s more important to protect your capital than to grow it. Stay safu guys!
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DappRadar was actually pretty useful, especially for tracking GameFi projects. Really sad to see it shutting down. The main thing is that nothing like this happens to DeFiLlama, that would be a disaster
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