Fallacious arguments from a Tether apologist

https://www.youtube.com/watch?v=cM96shsOiZo

This Coin Bureau chap spends a solid 20 minutes praising stablecoins like Tether. I notice on the fishy-looking Coin Bureau website, every top ten crypto EXCEPT BCH is mentioned.

Highlights of the video are:

• "When Bitcoin price drops, demand for stablecoins increases" (utterly incorrect, stablecoins are the last thing anyone would buy if Bitcoin is losing buying power, default risk will be higher then)
• stablecoins can burn supply while the Fed cannot (completely false, Fed does reverse repo operations several times per year, while Tether continually prints and never burns)
• "Whether Bitfinex used Tether to manipulate Bitcoin price in 2017 is for the lawyers to decide, and even if they did, it wasn't very effective" (ridiculous, the correlation between Tether printing and BTC pumps has been clearly shown by many academics, and total daily trade volume with Tethers exceeds the total Tether supply by 5x!)
• "Stablecoin supply is fundamentally an indicator of demand for cryptocurrencies as a whole, and not an indicator of market manipulation" (100% false and opposite of the truth, Tether is creating fake demand and liquidity, with a resulting huge buy side asymmetry.)
• "Stablecoin default is not an issue because reserves are much higher than mainstream banking reserve requirements" (2 wrongs don't make a right)