In the past few days, I've heard some bad news about USDT and I think they will not affect it. But today I have seen the USDT price drop dramatically with the growth coming from Bitcoin and other pairs of USDT transactions. Attached here is fake news: "Binance will delist USDT" "USDT Deposits and Withdrawals Temporarily Closed" ...
In addition, stablecoin is supported by investors and their prices are higher than USDT.
TUSD is a stablecoin that can compete with USDT. I sell 5 TUSD and receive 5.44USDT - 5 PAX = 5.39USDT . That's too much for the same coin as USDT
Tether (USDT) seems overwhelmed by the stablecoins on the market.
It seems like you have been missing this news dude
https://www.ccn.com/newsflash-bitcoin-surges-to-7500-on-bitfinex-due-to-tether-implosion-real-price-6700/The funds that from dumling the USDT has been used to buy TUSD at the same time. But a lot of people have know if that was a bad news and i could say that there will be another recovery for tether asap.