Post
Topic
Board Beginners & Help
Re: Save in Stable Coin Or Save in Local Currency?
by
OcTradism
on 26/08/2023, 14:32:30 UTC
Do you think it's better to save in stable coin like usdt or I should just keep the money in the bank?
Stable coins are not safe and it's risky to store your capital in stable coins.

PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets

Fiat currency is safer in my opinion because they are inflationary but can not depeg quickly like stable coins. It's true that storing your fiat currency in bank account is risky too.

However if choosing between stable coin and fiat currency, I choose fiat currency.