Post
Topic
Board Altcoin Discussion
Re: What is the real deal on USDT Tether?
by
J1mb0
on 30/05/2021, 17:39:51 UTC
Because the assets of this project are mostly in gold, the shares of many different companies, holding this currency is still risky.
If one day the gold or shares held by the USDT project lose value they may not be able to secure the USDT coin. If you are holding USDT please pay attention to this.
If the USDT market crashes it will be a huge blow to the crypto market. It is possible that the cryptocurrency market will not be able to crash but it will be affected and fall deeply.
And this is entirely possible when the amount of cash that the USDT project holds cannot cover the entire amount of USDT they issue.