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A comment on Tether ordered to produce documents showing backing of USDT [pdf]. Parent comment

Re:Tether ordered to produce documents showing backing of US... by andrepd on Wednesday September 21, 2022 @01:21PM (#32928305)
Is AAA even meaningful? Shit ratings were a major part of the 2008 meltdown, but we've all collectively decided to ignore that and keep relying on the big three's Divinely Inspired Appraisal. Sounds odd.
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Re:Tether ordered to produce documents showing backing of US... by lazide on Wednesday September 21, 2022 @03:22PM (#32930146)
It is only meaningful in a relative sense - AAA is less likely to be allowed to fail (or maybe actually fail?) than BBb or whatever. Usually.
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