https://trade.kraken.com/charts/KRAKEN:USDT-USD
There's very good reason to do a lot of KYC and set limits on people who want to get USD for their USDT. The last person who tried to operate such a business was locked up in a US prison for nearly a decade. Good motivation to not deal with retail customers and the slow burn US justice system don't you think?
https://www.nytimes.com/2012/10/25/us/liberty-dollar-creator...
What you want to happen to void this criticism would get the Tether execs put in prison. Though I guess that's what some people here secretly want anyway.