I agree on the massive risk associated with the usage of Tether and stable coins in general. It's working until one day the music stops.

Regarding how it would affect the market, it seems all experts automatically assume that it would impact the price of cryptos negatively however:

• Could a panic exit from Tether push people to immediately buyback cryptos at any price?

• Could a flash pump of BTC while USDT/USD is unpegging be the signature of the downfall itself?

• Since stable coins are used for day trading, would their downfall make the crypto-market behave like it was before stable coins were introduced?