Great write up....There are some upcoming issues with these pegged currency coming up for some I think our safest bet would be conversion back to our base fiat...The word "guarantee" is not a word regulators like and this is the problem with these pegged currency, the volatility of crypto makes these initiative schemes fraudulent, once the SEC and other regulators get around these, I believe the lawyers representing these projects would have to craft their ways around it....For me its better that these project work towards providing flow and range and specific range like 5-10% within a given value, you would see more of this once the SEC gets around it...I believe Tether is safe for now and looking at the changes they implemented I suspect it was the SEC and FTC recommendation...If you look at the broader currency market, within the basket of currency in Caribbean some are pegged to the US dollar from time to time the varying Central Bank struggle to maintain the pegged and they go wack, so for now if you want to stay out of later legal issues, its better to have bank with reserves that can be audited at anytime because even countries Central Banks struggle to maintain their Current Account, not to even mention the erratic nature of cryptocurrency, adopting a floating exchange mechanism may be a safe bet moving forward...