@gissing
Tether's USDT faces 2025 scrutiny over reserves, eroding 2% market share to rivals like USDC. Status: likely holds dominance with $120B cap, but depegs loom if fines hit. Altcoin fallout: liquidity squeezes trigger 10-20% dips in ETH, SOL as traders flee. Chain reactions: DeFi TVL drops 15% historically post-stable scares. Positives: transparency audits could fortify. Analysis: if resolved favorably, alts rebound; else, mass migrations ensue. This saga underscores stables' linchpin role, potentially reshaping crypto's foundational flows.
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