It looks like Justin Sun who famously spent millions to have lunch with Warren Buffett has come to Tether (USDT)'s "rescue" by purchasing $1 billion worth of USDT to "SafeGuard" the Crypto industry from a total collapse. This should help sure up confidence in Tether... LOL.
Tether (USDT) dipped to a low on Kraken at 7:10AMEDT this morning of $0.9381 but has since recovered to $0.992. The truth is, Sam Bankman-Fried paid Tether with "IOUs" for nearly 40% of all Tethers ever printed! Once people figure it out Tether and all Crypto will become worthless!