Post
Topic
Board Altcoin Discussion
Re: Do You trust Tether (USDT) Stablecoin?
by
fzkto
on 03/06/2023, 08:41:01 UTC
Tether will mine Bitcoin using renewable energy in the country of Uruguay. This is after last month saying it will invest portion of its profits in Bitcoin.

It is for reasons like that I trust this stablecoin. It has new ideas and giving back to Bitcoin.  https://finance.yahoo.com/news/tether-start-mining-bitcoin-uruguay-024131625.html
I guess Tether understands the perspective of bitcoin, which is why they invest in bitcoin and even decided to go into mining. That means they are doing well in business and can really be trusted. But it still doesn't mean they can't have problems with the US government because usdt is a surrogate dollar.