I think it’s funny that people don’t understand that Tether is a way to provide trade. It is a token that needs to have the same liquidity across all exchanges. When new money comes into the market that same amount of Tether has is distributed to all exchanges that pair USDT. Of course, they print the shit out of it. It’s dollars.
Go to your bank and ask them to have proof that they have the liquidity to provide dollar bills for all their customers. You’ll get laughed at.