Post
Topic
Board Altcoin Discussion
Re: Do You trust Tether (USDT) Stablecoin?
by
GreenStox
on 12/05/2023, 15:06:51 UTC
Maybe USDC but I also use USDT. But I don't think about the fraudulent potential of USDT or other stablecoins because I only use it temporarily and then use it to buy bitcoins. It's like taking profits in USDT to then buy bitcoins again with USDT Grin

And I think in choosing stablecoins, we have to look for it ourselves and not just follow other people's suggestions. That way, we will know which stablecoins we can be comfortable using.

You make a good point about the importance of doing your own research when it comes to selecting stablecoins. While some stablecoins may be more popular or widely used, it's important to consider factors such as the coin's track record, transparency, and security features before deciding which one to use.