Many people use The Tether[USDT] as there Safe ´´Wallet´´ so they Purchase it and Tether always keeps up the Same Price as you can see it doesnt really went down since 6 Months
My Question about it Do you use Tether to?
Obviously tether is peg to USD that's why you won't see it the price fall significantly, is 1:1 as far as I know.
Other's used it to hedge when bitcoin price started to go down or have some wild swing. But I personally don't leverage my bitcoins to tether, there's so many doubts like the currency reserve to back all it has in circulation. Also, the fee's are too high, which doesn't sit with most crypto traders.