Much of this month has been a time of turmoil for markets across the world. Even Bitcoin, the primary cryptocurrency, has fallen from $8000 to $5000. Currently, there are no clear signs of whether bulls are going to take control, but Bitcoins current oddly high correlation with traditional assets has held its price low. While many cryptocurrencies are now sitting on the stands, stablecoins have picked up. After the recent market meltdown, there had been a
rapid growth in the stablecoin demand.
It's called stopping lose, this is what USDT and other stable coins are good for so yes it's a good move to safe you from loses, if you are into crypto for long term I suggest you hold USDT because once in a while opportunities like this will always come