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.
If nothing makes USDT or Tether illegal I think they can provide valid shreds of evidence in the U.S court and I can also say that this is a piece of good news to say that USDT/Tether is clean when it comes to legality.
But if what they show they need becomes invalid in the U.S. court, it will be a big problem for sure. I just don't know if the bad news about the dollar is related.
Anyway, you should just chill and relax as far as I can see everything will be fine for usdt/Tether.