Quote from: Abiky on July 28, 2023, 09:49:10 PM

If they play by the rules, there should be nothing to worry about. But I have a feeling people will trust CBDCs more than stablecoins, because they will be backed by the government. Tether's been known to have a shady past, so I'd proceed with caution.

If you want something reliable (sort of), then I'd advise you sell your crypto to Fiat (especially the USD). Ultimately, the market will determine the fate of stablecoins like Tether and USD Coin. Who knows if they're eventually replaced by CBDCs? Just my thoughts Grin

I wouldn't really compare them. USDT is just pegged to fiat money, backed by fiat money, while CBDC is a platform to move actual fiat money in a new way.
But i am not following your logic why people should sell their crypto for Fiat. Sure, if you don't want volatility, you can keep your money in usd which will slowly lose value. Plus side for it is that it won't probably crash in a day, and even if it would, so would everything else.