The day before yesterday, Tether processed an emission of one billion USDT on the TRON platform. The Tether CTO Paolo Ardoino claims that this is an autorised, but not an issued transaction, which means that these stablecoins will be used as inventory units for issuance requests in the future and as chain swaps.
According to the official report on Tether activity, the total amount of USDT in TRON is equal to 32 billion USD. In other words, over the current year, Tether turnover grew by 300%.

Other stablecoins are also growing: USDC capitalisation in 2021 grew by 600% - from 3,7 billion USD to 27.59 billion USD; DAI stablecoin grew by 380% - from 1,1 billion USD to more than 5 billion; the number of Binance stablecoins BUSD grew by 1230% - from 980 million to 12 billion tokens.
The further growth of Tether is so far contained by legal investigations and audit revisions of company assets. If the revision results are positive, it will return the attention of investors to Tether and the USDT stablecoin will continue growing.

We can see that Tether is inevitably gaining traction, but it is still questionable if the whole volume of Tethers and their cash cover are equivalent.
Even if we accept that Tether is 100% covered with convertible currencies, the mechanism of receiving this cash cover from the issuer remains completely unclear.
Can we call Tether an ideal currency? We don’t think so, what about the forum users?