But with Tether every 1 USDT is actually 1 real dollar of value invested (obviously this is debatable, but that's the premise of tether). So you have $2.4 BILLION of REAL value against maybe $10 billion of real value with other coins (if we exclude BTC). So if Tether collapses and goes to zero, Binance suddenly doesn't have the money that it "technically" owes its users, because Tether is never supposed to be under $1, it's not treated as a traditional coin where if it goes down it's your fault.
Unless by "Binance" you mean "Bitfinex", then no. Binance are not guaranteeing the value of Tether, so they will not owe their users anything. I'm pretty sure there was something in the fine print that said even Tether themselves aren't guaranteeing the peg. If you lose all your money in Tether, it is your fault. Don't treat it differently to any other coin, because I don't see any greater likelihood of someone bailing you out than with any other coin.
Having checked Tether's
Legal page, even living in "
certain US states" (although they neglect to mention which ones) is already enough to invalidate any claim you might think you have.
//EDIT: and further down the page:
Force Majeure: Tether is not responsible for damages caused by delay or failure to perform undertakings under these Terms of Service when the delay or failure is due to fires; strikes; floods; power outages or failures; acts of God or the states enemies; lawful acts of public authorities; any and all market movements, shifts, or volatility; computer, server, or Internet malfunctions; security breaches or cyberattacks; criminal acts; delays or defaults caused by common carriers; acts or omissions of third parties; or, any other delays, defaults, failures or interruptions that cannot reasonably be foreseen or provided against. In the event of Force Majeure, Tether is excused from any and all performance obligations and these Terms of Service shall be fully and conclusively at an end.
So yeah, in plain English, if it goes to zero, don't expect any handouts.