Tether is used by many and stablecoins are a rising market, but are they really stable?
Tether is trying to make USDT stable by pulling a lot of moves including the shady ones. It seems they are cleared of charges for now after paying $18.5 million penalty.
What makes a stablecoin truly stable and what can we do to assure they are backed 1=1 unlike Tether.
Tricky to answer but we cannot really be assured since the performance of companies issuing these centralized or semi-decentralized stable coins is out of our hands.