So many exchanges are beginning to consider delisting USDT, there is a huge call for auditing with the team doing nothing about that, and there is no element of truth and integrity, to even be able to trust holding USDT, then why would anyone want to take such a chance of losing their funds in the end?
https://www.ccn.com/huobi-lists-four-regulated-stablecoins-vying-for-tethers-crown/Huobi, for example, are in the process of rapidly listing four other stable coins. They have lost faith in Tether and want it off their exchange as soon as possible it seems. The team will continue to refuse an independent audit I'm sure, because it would simply expose them even more and then Tether really would crash to zero.
It is currently still sitting between $0.96 and $0.97. Marketcap continues to dwindle. Best case scenario for Tether is it recovers to $1.00. Worst case it crashes to zero. The risk:reward ratio is horrendous. Holding Tether right now is an awful financial decision.
This is actually something a lot of people should be considering, knowing that tether one way or the other is already a mess and it is just a countdown right now for its end.
From this news you shared, it practically showed that a lot of exchanges, both old and new are really not fancying the idea of Tether usage anymore and if anything is not shady with tether, I wonder why the team will refuse auditing in the first place. And as far as something is shady, you really do not want to end up being a part of it.