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I wonder what the remaining USDT holders are waiting for? Is it just the market isn't liquid enough to pull out more than $100M/day?

Tether is not regulated or licensed by any body AFAIK so they aren’t required to process payment requests with any sort or timeliness. lul

Same with the unlicensed and unregulated exchanges that they do business with. You want out? Take a number and get in line.

So basically tether is just hoping by dragging their feet that btc will recover in price and their embezzlement won’t be exposed?

If I had a large amount of USDT I would get out right now and wait for things to settle down. There’s no upside, it’s all downside right now.