Sometimes I begin to imagine instead of transferring my money into the bank to keep for a number of days or months before usage in form of savings that nothing will add up instead it remains stagnant or the bank charges me even more. Is it not better I save them on a stable coin such as the USDT?
Please what do you think? Will I end up losing my funds one day if I do so?
To me I feel it's good way to save.
Please what's your opinion on this?
I also often save my money in stable coins before spending it. Because I don't like saving my money in the bank. Because I realized that my country's currency was slowly depreciating. Inflation really has an effect on the currency in my country. Although many people don't realize it. But I personally quite like paying attention to it. especially when the snacks I buy have increased manifold in a few years. So saving in fiat at the bank really makes me afraid that the value of my money will decrease. But that doesn't mean saving in the bank is unsafe. I still feel that banks are still safe. but the most important thing is that we save in a currency that is more resistant to inflation. Dollars might be an option. And saving in fiat dollars or stable coin dollars will be the same.