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.
I think this is good news, this makes users stable coins more optimistic and do not hesitate to store or divert assets to stable coins, this is also an effective promotion so that more people use cryptocurrencies.