There were news today about Tether and their role in losing about 30 million USTD. It's quite a big amount and they definitely have to explain what happened there. The Omni network is simply not secure enough, or Tether itself has messed thigs up. To be honest they might as well have gambled that 30 million and just try to back it up and cover their losses by saying they got hacked. It's really dodgy and the market needs more participants and other alternatives in order to not relly on only one provider. Tether has seen a lot of controversy and there is always something to say against the company, the fact that there are no alternatives out there is ridiculous, there is a huge market cap to fill that sector. More projects should get involved.