Is Tether going to collapse?

[AJBot]

Why people are betting big on tether crash?Tether (USDT), the world’s largest stablecoin by market capitalization, appeared to be breaking its dollar peg following the demise of Terra’s UST stablecoin and the Celsius Network lending platform.Following both occurrences, the price stabilized, with its CTO informing investors that the currency will continue to enable payouts.Tether, which promises to equate USDT to USD at a 1:1 ratio, hit a low of $0.9485 on May 12 when UST collapsed. Althoug ...

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[Sincerem]

Thanks for the clear explanation. A lot of people could have probably observed a red flag that is why its market capitalisation drop from 74 billion to 52. I don't see any possibilities of it collapsing anytime soon , Maybe they still have so many problems to fix.