Quote from: barhavsky on Today at 08:47:54 PM

Quote from: BuyingBitcoin on August 10, 2021, 04:11:25 AM

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

in my opinion Tether is still safe to hold my funds, because Tether is still popular and many people are still using Tether to hold the money (seen from the volume of Tether which is still high), thus making Tether safe to use and hold, so as long as there are still many people who support Tether and until then Tether is still safe and feasible to use.

what important is not popularity, its whether the reserved funds of tether as a company matched with their total supply, we all know stablecoin backed by something in retaining its value and if it didn't match it only means one thing, a disaster.