Tether supply is more than reasonable if you compare it to USDC and take into account that USDT is more widely used in exchanges than USDC. USDT going bust was

Tether supply is more than reasonable if you compare it to USDC and take into account that USDT is more widely used in exchanges than USDC. USDT going bust was a nice story. Many of the big exchanges now support USDC, and so people could easily switch if they thought Tether was not solid.