Tether is not an exchange. It is a centralized cryptocurrency where the centralized authority has the ability to freeze assets (they did this recently after a D

Tether is not an exchange. It is a centralized cryptocurrency where the centralized authority has the ability to freeze assets (they did this recently after a DeFi hack). While I dont necessarily think it will happen, theres no reason the US government or some other authority cant seize and suspend operation of Tether's blockchain. At that point zero Tether transactions can occur, on any exchange, any DeFi contract, or any number of other associated activities.