So Tether refuses to be audited. What happens to the crypto market if tether collapses?

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Lots of posts and articles lately (here and news) about the shadiness of Tether not having the fiat to back their stable coin, danger of insolvency, etc.

So let’s just imagine for moment that Tether is investigated and as a result collapses in some way. What would happen to the crypto market?

Is Tether so integrated into the market that its crash would cause a crypto crash, or would the market take the blow and continue on its current trajectory?

But maybe Tether is just too big and too integrated for this to happen.

submitted by /u/njozz
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