Nonetheless, what happened with USDT is the fact that something shady is going on and people should really be careful holding it.
USDT's market cap has fallen by almost $500 million in the last couple of days, and its price is still slipping down towards $0.96. Meanwhile other stable coins have seen a significant boost - GUSD's volume went from 29 thousand to 2 million in 2 days, and peaked at a price of $1.19. TUSD went from a volume of 12 million to 73 million, and peaked at $1.15.
All because they wouldn't do an independent audit, and I think we all now know why. Time to exit this coin.