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
I keep using USDT(Tether) until now , whenever i wanted to convert my funds from regular crypto to Stable coin USDT is my place for years now it has been safe. so yes i will recommend tether for you to keep safe your funds .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
Just make sure that you know when to re enter and when to withdraw.