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?
I rarely use tether but would do in such a scenario as you described, only short term though. Long term tether is not backed by anything and if there is a run on it then it can easily drop below a 1:1 ratio with usd.
This is exactly why I'm NOT using Tether. It's far away from 1:1 with USD.
Even current ratio 1.02 to 1 and I've been watching it in past 3 month varying from 0.97 to 1.03. For somebody those 6% maybe sound like a stable coin, but not to me. It's affecting my trades badly.