As long as every Tether that is issued is backed by one USD, then Tether would not lose its value and Tether issuance will not impact the dollar price of BTC, and the credibility of the Tether project will not impact on the BTC price. I do not understand why Tether could not be subjected to completely transparent audit by regulators who approved other stable coins like the Gemini Dollar and others reputable stable coin projects. Tether must allow transparent audit, otherwise the coin will diminish. We don’t want BTC price surge due to Tether collapse, we want to see organic BTC price surge.