Tether stinks badly and it's interesting to see how many people in this space supports those "stables" basically because that's the main liquidity for BTC trading.

Also, tether must be pretty tied to the US government / treasury as they're one of the biggest buyers of those notes. I don't think the US would allow some shady Italian to run a sort of USD mint if there wasn't a common interest.

P.S: why those Italian names sound like there's a swindle behind? Lol It's always Andrea Scammetti or Paolo Ruggoli, Michele Defraudazzi