Quote from: Sweetbtc on December 09, 2021, 05:20:29 AM

Quote from: hak13 on October 09, 2021, 10:13:02 AM

In recent days lots of bad news are hearing from usdt and what will be happen if the usdt is a scam,should i change other stable coin,any recomendation for the stable coin?

Do not use one stable coin. Distribute your stable coin poryofolio.
Use Usdt,Busd and Dai stable coins to store your stable coin. If one stable coin scammed you will not lose much.
For me Dai is ine of best and secure Stable coin amd very low chances id scam.

This is one better approach here if one is storing his coins in stable coin.
You need to diversify even in stable coin as you have no clue when one of them will have bad news and will fail.
USDT has their history of admitting that they were not fully backed by USD assets - remember the 2019 admittance?

https://www.coindesk.com/markets/2019/04/30/tether-lawyer-admits-stablecoin-now-74-backed-by-cash-and-equivalents/

So with this kind of situation, are you secure that USDT will not make another mistake?
So exploring your options also in BUSD or in DAI, is one better idea to safeguard your stablecoin assets.