They did it before, and uproars have happened. Didn't stop them from producing even more out of absolute thin air. It's like they really don't care anymore about the critical condition of crypto, and just want to fuel the fire, get out as much as they can while they still can. If they think they can artificially boost crypto demand by making available more worthless Tethers, which by the way even at current value immediately loses millions... and worse, if traders allow it to happen, which they will, this will just be another element of actual financial world creeping into crypto.
What can we do about it? Or are we willing to do anything about it?
I would like to say that we can do something but that is not the truth, there is nothing we can do, printing all of this tether out of thin air is going to be bad for the market, yes we are going to get some price increase in the future but this is very similar to what happens with fiat all the time and I'm not investing in cryptocurrencies just for some people to find a way to make all the cryptos very similar to fiat.