I used to use USD tether all the time and still using it for trading purposes and liquidity purpose but recently we have seen a FUD or may be truth that SEC may have issue against them although they clarified that they are running it under registered business etc etc. Is tether risky from that purpose? Even if SEC warrant something like XRP, what will happen to Tether?
What about another alternative stablecoin?
Despite the fud USDT still rules the stablecoin market so basically market thinks that it is legit and also everytime they have proven that they are backed genuinely by fiat bank accounts so i do not see any real problem other than fud. Usdc is also great and its volumes are growing simply because some people think it is safer alternative to usdt.