Tether will live a long life as it did thus far. I bet it's not fully baked by USD, and the company has addressed that saying that they have all sort of assets backing it, but if the SEC or other entities would have planned to destroy Tether they could have done that for sure. Luckily there are already plenty of stablecoins and more to come so we have alternatives, but I agree with you, if it collapses the impact will go beyond a $25 billion whole in the market cap.

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