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 definitely good news. People will definitely know that USD is a safe stable coin and fully soulful.If they can prove that, their popularity will surely increase and their validity will be proven and people will become more attracted to them.It will be easier for the USDT owner and he will be able to move more openly.