Post
Topic
Board Speculation (Altcoins)
Re: Will Tether crash to $0?
by
bitkanu
on 25/04/2023, 22:59:02 UTC
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

of course it's still safe, because the possibility that the price of Tether can become $0 is very small, so of course your funds will be safe in Tether, especially now that Tether is a very popular stable coin, so it's very difficult for the price of Tehter to be $0 and if that happens, then I believe it is a bad sign for cryptocurrencies (bad news).
many are trusting tether so much already, even if tether did withdraw it reserve fund about 50% i'm sure many gonna gets confused and still use tether anyway.
i think it becoming zero is really difficult unless the company itself declared bankruptcy.