Remember that when Tether collapses, the price of Bitcoin will plummet to 5k USD or less.
This comment seems a bit like ... 2018ish (I don't exactly remember when the Tether fud started). On which metrics do you base that statement?
...
If an $18B stablecoin collapse (UST) caused a 30% BTC drop, a Tether collapse (with ~$160B market cap) should be much more devastating.
Not only it has much bigger market cap but has deeper integration into exchanges and DeFi infrastructure.
At the time, Bitcoin had a market cap of $590B, currently, it is $2.32T - so the percentage (3% vs. 6.9%) of Tether's market cap relative to Bitcoin's market cap is over twice as high.
I anticipate complete chaos when that occurs. Human sacrifice, dogs and cats living together... mass hysteria!