I also saw that the link stated the Total Assets amount $91,516,309,356.04, Total Liabilities $88,308,652,878.72 and Shareholder Capital Cushion* $3,207,656,477.32 and the direction is also seen as a positive and proactive measure to address concerns in terms of stability and legitimacy of stablecoins But in my opinion Tether is not a cryptocurrency that we invest or exchange to make money and if we look at its quality and liquidity lately.
People used it as stable coin meant a coin that has stable value. Since when people used it the stable token as investment instrument? That doesn't even make sense. People used it to trade against volatile assets.
A volatile asset to be traded against volatile asset is quite risky and that's why people had chosen tether as a way to provide less volatile trade. Tether is a crypto that used to avoid the volatilty and keep the value of your investment stable coz it's peg to the fiat money.
You own tether = you own fiat money. There's nothing different. I kinda feel so strange if there are still people called tether as an instrument of investment.
It's just tokenized fiat money to avoid the vilatilty in the crypto.