I have been checking USDT/USD pair since last weeks, and already had some thoughts that something is coming, before the news came out about Huobi. Honestly, I was expecting that something will happen to Binance, but...
Currently, Important price level on USDT is 0.9898$
Breaking below, may lead the price lower.
Ofcourse this will affect negative on Crypto Market.
FTX crash dropped USDT to 0.97$
I believe that it will be another negative move to scare people.