Ill be fair too and say that Bitcoin right now is also overvalued... daily transactions are at a 2 year low.
Having anything in Tether is completly crazy. Yo never know when it's going to explode. How do you wanna know that suddenly there isn't some whale who wants to cash out it's tether. You know what's going to happen then... BOOOM. Tether over and out.
I mean I see that happening more in BTC right now than Tether. Tether is honestly the universal lets wait on the sidelines tool.