June 16 (Cointime) - Stablecoin issuer Tether issued a statement in response to FUD, stating that Tether has never and will never compromise the integrity of its reserves. This commitment to maintaining the highest standards extends to its risk indicators and risk measurement processes. These mechanisms enable its investment and finance teams to thoroughly assess any financial interaction-related risks with the company. With an understanding of the lending business and regulatory environment, Tether actively strives to achieve and maintain its business goals while adhering to its risk management culture.

In addition, Tether's commercial paper has consistently maintained an A2 or higher rating. Tether's past statements remain unchanged. Tether remains committed to accountability and maintaining the highest standards.