Let me tell you about the swiss franc. It held a government peg 1.20 to the EUR, until one day in 2015 it didn't. Many traders (and whole forex brokerages) who

Let me tell you about the swiss franc. It held a government peg 1.20 to the EUR, until one day in 2015 it didn't. Many traders (and whole forex brokerages) who held positions, believing the 1.2 line could never be crossed were, as they say, rekt. There are several ways to take a short position on USDT. You can trade USD for USDT on Kraken exchange. A short position would be depositing USD and placing a limit order under 1:1. This involves locking up capital for the order. If it never loses the peg, you lock up capital forever for 0 gain. You can also borrow Tether via various defi loan markets, but you will have to provide collateral and interest payments. Both have costs, be it fees, interest rates or opportunity cost. No safe bets in this game, except buy and hold bitcoin for periods > halving period.