So, who is holding 2.5B USDT tokens and what do the masses do with USDT(other than short-term[1-2 days] transfer of value)?
That's a very good question. I guess nobody in their right mind would use USDT for anything else but short term trade.
Here is another question: Who is holing $2.5B that correspond to the 2.5B Theter tokens? If USDT is 100% backed by USD, there should be the equivalent of dollars somewhere. I remember some time ago Bitfinex even admiting that USDT is not backed by USD. So everyone holding this
so called cryptocurerncy should consider themselves warned.