Post
Topic
Board Altcoin Discussion
Re: Will Tether go into crisis like XRP?
by
tbct_mt2
on 25/01/2021, 03:19:38 UTC
It's not just XRP that is having problems linking the reason the SEC reporting on a source doesn't verify over data.  Tether also goes into issues to interact with the dispute with Bitfinex.  File center is checked, is this fine for the future?
https://cointelegraph.com/news/tether-and-bitfinex-seek-further-30-days-to-produce-critical-trial-documents/amp
With the speed of USDT minting from Tether company and with the huge supply of Tether USD on the market, the risk for USDT and the company are higher than Ripple. There are many accusations, lawsuits on Tether in the past and will have more in the future. The more improvements on law regulations aim at crypto market, the more risks of shutdown, seize, drama Tether will have.

It is a very old story that warns us the fact behind stable coins: They can be frozen by governments.
[UPDATED] PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets