Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: Is USDT Tether safe?
by
Fire me!
on 27/07/2021, 18:59:42 UTC
⭐ Merited by Ratimov (1)
Since there are no official audits. I would not put my money in Tether. They have been in the news many times and not for good reason. Better put it in your bank account or another stablecoin which is audited.

That does not mean that there will be problems with tether, only if everybody wants to exit tether and they do not have enough funds to cover will it create problems. So as long as the trust stays it will be all right.