RE: What Would Happen If Tether Does Tank?
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If I'm not mistaken USDT is most widely used stablecoin if found guilty and printing more than the FED it will on big shit to deal with for those of us using it.
Which is your preferred Stablecoin?
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Yes, you are correct, it is the biggest stable coin by far, its not that they are printing a lot, thats fine, they need to provide the quality of their backing and where the capital is kept.
I prefer using MakerDAI/DAI which is created by securing ETH into a smart contract, kind of like HBD but it seems to be a lot more stable, USDC is also not a bad option since they pretty option about their reserves, but this is a backed coin issued by coinbase