Tether, as of today, is the most popular stablecoin on the market.
As such, it receives a lot of attention and news media coverage. One thing to consider. When a stablecoin declares that it is pegged to a Fiat currency, investors expect that for every $ they invest in, a $ is stored in a bank. Even though it is a great usage of blockchain technology, it complicates things. We can’t be sure if Tether is a scam or not at this point.