Hi Friends,
as you are aware there are several stable coins such as USDT, USDC, BUSD, DAI and so on. Among them, I know that Tether-USDT can be frozen. Source: https://www.dcforecasts.com/tether-news/tether-is-now-able-to-freeze-and-destroy-your-usdt-coins-report/
In my opinion there is really no difference between bank and USDT if they can freeze coins. So, I am just wondering, if you have any preferred stable coins which is safe and can't be frozen etc.
I wish to convert some of the coins to stable coins for next bull run. So, your suggestions will be very much appreciated
as you are aware there are several stable coins such as USDT, USDC, BUSD, DAI and so on. Among them, I know that Tether-USDT can be frozen. Source: https://www.dcforecasts.com/tether-news/tether-is-now-able-to-freeze-and-destroy-your-usdt-coins-report/
In my opinion there is really no difference between bank and USDT if they can freeze coins. So, I am just wondering, if you have any preferred stable coins which is safe and can't be frozen etc.
I wish to convert some of the coins to stable coins for next bull run. So, your suggestions will be very much appreciated
Maybe Pax Dollar is one of the stable coins, but they are not listed on many exchanges. The main blockchain sources are Ethereum and BSC. Whereas Tether is located on various blockchains, so your reach to hold it is easier compared to other stable coins. Can all of that be frozen, of course yes. Because they are suing not blockchain, but the crypto provider company. Apart from Bitcoin, all crypto is under the company's service. Only Bitcoin is anonymous, and cannot be contested. When it comes to crypto, only Bitcoin is safer from intervention, while other crypto is not safe, ownership is clear. Reducing and increasing the amount of crypto proves that crypto is not safe, or can still be fully controlled.