It is good to see that there are USDT alternatives coming out but now all the major exchanges seem to be making their own which still sux since it makes it harded to move money around if you have to turn it into the "local Tether"
But getting rid of that really untransparant USDT is a good thing
If only they had shown their books... (kinda like trump)
Yes that is a good point. There still needs to be one that is accepted by most exchanges in order to move money around and also to help exchanges close arbitrage opportunities and get more consistent prices across exchanges.