I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
In my opinion this is good news because the coin stable has direct support from the USD, this will strengthen the USDT position so that it does not hesitate to store assets to the USDT. I hope that this will also happen to other coins.