You're right. The team has not even disclosed its price to remain $1. Here are a few points to look at the other side:
- 20B circulation with nothing backed
- No proof of funds either
- Banking partner on the Bahamas
- Lawsuits are pending
- No physical operation location
- Without any regulation
- Prints n x USDT like feds
I am worried about my funds in USDT. I think I have to move to USDC or BUSD.
I dont think you have to be worry at this point...maybe you are right in some points but you must not forget that tether is already on of the strongst coin in the crypto market and even if somthing bad will happen to usdt will not happen suddenly