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I think it's just important to hold everyone at the same standards. Tether is highly scrutinized being the biggest one (more than twice than usdc). At the same time the same level of transparency and speed in producing information has to be demanded across the board.
I totally agree w/ you, but you guys (at least your predecessors) also gave these Sherlocks oxygen by not opening up to auditing earlier.
As the oldest and biggest stablecoin USDT should be fine to undergo public scrutiny. But it has just been dodging authorities, trying to claim that some weird attestations are as good as independent audits, claiming it has no connection with Bitfinex and other weird business...
Everyone should go through the same process. New or old. It is how regulations work. Otherwise you're just a crowd with pitchforks. We have attestations now that show tether is fully backed by reserves.
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