My views on the tether are very strong and this is one of the most shady stablecoin projects ever. Be careful whoever is holding a decent amount in this coin because this many times reminded you that the next major crisis is gonna be related to the tether. As most of the reserves are on equities and bonds whatever they call it short-term or whatever but they can't provide enough liquidity on the spot if USDT gets de-pegged and that's gonna be a great disaster again.
If they are thinking to increase their BTC reserves it's great but it is again alarming for us because it will lead to more volatility in the market if any fud occurs similar to the LUNA. If any fud occurs and USDT gets de-pegged for the liquidity team will sell out Bitcoin as LUNA's team did and that will lead more market volatility.
There are a few key features of Tether;
♣ Lack of Transperency.
♣ Unconfident Reserves.
♣ Regulatory Risks.
♣ Counter Party Risks.
♣ Uncofident Supply (Token Printing).