Tether CEO Paolo Ardoino has criticized S&P Global Ratings following its assessment of Tether, arguing that the agency's traditional models have historically failed investors. Ardoino emphasized that Tether is overcapitalized and free from toxic reserves, countering any negative implications from the rating. He further stated, "We wear your loathing with pride," underscoring Tether's confidence in its financial stability despite the critique from S&P.