Quote from: Bitcoinjheta on Today at 11:23:29 PM

Quote from: BuyingBitcoin on Today at 04:11:25 AM

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

it won't happened that and really impossible for tether crashing down to $0 since USDT now a days has the largest trading volume in the market for trading pairs. Tether also is safe and trusted coin for storing assets and funds.

this scenario can possibly happen if up until now, they are not yet fully backed by USD assets. but we can't know the absolute truth about their assets. because the last time, year 2019, they admitted they were not fully backed. so how are going to verify their assets now? so if in case they are still not fully backed and the community/investors will learn about the truth, this can trigger the pull-out of investors because of the loss of trust. but til then, tether can enjoy their position in the market. hopefully, we will not hear again the same statement that they are not fully backed.