Tether is the big stablecoin, about $76B now (down from $83B). They've consistently lied about how much real capitalization they have backing it. When it collapses it will probably bring most of the cryptocurrency market with them.
Tether broke its peg last week, but recovered. That was a shock.
The risk for Tether is that, while people may not be dumping Tether, they're not likely to put new money into it. A slow outflow will eventually drain the partial reserves.
Tether is the big stablecoin, about $76B now (down from $83B). They've consistently lied about how much real capitalization they have backing it. When it collapses it will probably bring most of the cryptocurrency market with them.