Post
Topic
Board Speculation (Altcoins)
Re: Will Tether crash to $0?
by
Wiwo
on 25/04/2023, 21:32:04 UTC
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
Tether is centralized and pegged to the US dollars which give it some level of credibility,  but the assurance is not there that it can be impossible to crashed to zero then also we can have some rare situations that can force the price to crash below recovery and one of such situation is were there is a back in tether network, this could impact its price beyond recovery level and also if the big bag holders decide to walk away pulling an exit one on the remaining tether communities.

Or a government policy could also force its price to fall below that recovery benchmark mark, so even though it seems impossible for the tether to crash to zero, it is also important we are aware of thepossibility for that happen also.