Thats a very ambitious project from Tether. However, I do have a my qualms against this project. I have several questions that I am not sure tether has addressed.

As we all know, changing the makeup that you use does not make you a different person nor does changing your hair cut.

Tether has been involved in several controversial issues which is why they were facing tons of pressure from US authorities.

So, I still believe that if they did not fix these issues, then a new stable coin name is just adding cosmetic on top of a a farm brick so that it looks like a concrete brick. It will still break and the scrutiny and pressure from the authorities will still come.

That said, they will need to prove to the US market they are safe, reliable and compliant. Otherwise, they will be taken with caution. Just a personal opinion, what do you think?