IF USDT would collapse what do you think will happen to the BTC price?

[eaLiTy]

It is not known whether this will actually be the case. And the collapse is a big question. Remember the time when USDT was already close to collapse, nothing happened.
Lawsuits against Bitfinex? It didn't work. Even if this happens now, we have many alternatives that can correct the situation to one degree or another.

There is an investigation going on by the New York attorney office and it is a fact that they are minting coins and whenever the price of BTCitcoin increases you will see billions of new USDT minted and in recent months there were a huge influx of newly minted coins flooding the market. With regulation coming up we should anticipate something that will directly or indirectly impact the market.

[Argoo]

If USDT will collapse, BTC and the general cryptomarket will follow. USDT already have the majority of the volume of all the stablecoin available right now and collapsing means most of the crypto user that holds USDT will be in a huge loss which means the buy power in cryptomarket will decrease dramatically.

We know that tether is a really shady company but they are not dumb to runaway with a billion dollar market that they are currently monopolizing. There profit here is consistent and huge.

Bitcoin existed without stablecoins and will exist even if they all disappear in an instant. Of course, stablecoins make it very easy to use cryptocurrencies, however, without them, Bitcoin and other cryptocurrencies will not die. Bitcoin is not directly related to stablecoins, but if something happens to tether, then in the first period this should affect its price, since everything in our world is interconnected. However, I find it difficult to even say in which direction - an increase or decrease, while the price of bitcoin will change.

[mindrust]

If USDT will collapse, BTC and the general cryptomarket will follow. USDT already have the majority of the volume of all the stablecoin available right now and collapsing means most of the crypto user that holds USDT will be in a huge loss which means the buy power in cryptomarket will decrease dramatically.

We know that tether is a really shady company but they are not dumb to runaway with a billion dollar market that they are currently monopolizing. There profit here is consistent and huge.

Bitcoin existed without stablecoins and will exist even if they all disappear in an instant. Of course, stablecoins make it very easy to use cryptocurrencies, however, without them, Bitcoin and other cryptocurrencies will not die. Bitcoin is not directly related to stablecoins, but if something happens to tether, then in the first period this should affect its price, since everything in our world is interconnected. However, I find it difficult to even say in which direction - an increase or decrease, while the price of bitcoin will change.

Bitcoin won't die of course but what is going to happen to those people who bought bitcoin from $30k+ if tether disappears today? I don't think they will be happy. Where do you think the support is? at $5k? 4? 1? $500? We don't really know where the support is because 70% of the trading volume is being done with tether now.