It is very more unlikely and very impossible to make happen that USDT will be devalued to become worthless overnight. We all do know that many are still patronizing the usage of USDT even the price is cutting down into minimal loss due to the economic state of the country of US but such reasoning is not just enough to make USDT to become worthless that is very impossible to happen seriously speaking.
lets say usa dollar and all currencies will be highly devalued .....then how we know the btc value??
most traders use USDT so if something happens with usa dollar is my USDT Will be worthless over night?
I don't think that most BTC traders use usdt. Do you have any statistics to support that?
Most trades around the world are made with fiat money.
USDt can crash regardless of what the USD price will be. USDt is not 100% backed by usd. not even 90%. We don't even know how much they really have.
I agree. Traders mostly use their cash or money they have from fiat which they make use for purchasing cryptocurrencies like Bitcoin as well as the other existing crypto in the market. Fiat is also being used for trading and investment.