Quote from: laredo7mm on Today at 04:02:38 AM

Quote from: Little Mouse on January 06, 2021, 05:40:35 PM

I used to use USD tether all the time and still using it for trading purposes and liquidity purpose but recently we have seen a FUD or may be truth that SEC may have issue against them although they clarified that they are running it under registered business etc etc. Is tether risky from that purpose? Even if SEC warrant something like XRP, what will happen to Tether?
What about another alternative stablecoin?

It will be a total mess to crypto space if SEC takes action gained USDT too. But to be on the safe side I have already converted some of my USDT to USDC and I will convert some in DAI. But besides those coins TUSDT, PAX, BUSD is also some stable coin that we can trust with our money.

if the SEC takes action against USDT there are still many stable coins that can be used, maybe I will use BUSD, it is also a fairly reliable stable coin, and until now I still use BUSD, and will probably exchange all of my USDT to BUSD if there ever will be action