Post
Topic
Board Altcoin Discussion
Re: How to store 1 Million $ to Stable coin
by
sovie
on 10/10/2021, 22:28:29 UTC
Have a plan to sell some of my crypto, Now I can store with USDT, USDC, DAI, BUT There are serious question:
Both USDT and USDC can blacklist any address without any reason, So I dont think this is safe way to store 1 Million $ on them.
USDT is big nowdays So what If SEC Sue USDT? in that case maybe USDT lose Value.
DAI, I think DAI is not safe Can lose value 1 day.
So what is your suggestion?
.
 

Unfortunately, there are risks associated with investing in any cryptocurrency, even Bitcoin.
USDT has passed all the checks so far, so I don't think it could get sued by the SEC.
Of course, anything can happen in the future.
Maybe if you have concerns, buy a few different stable coins to spread the risk.