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 don't see any big difference between saving money in stablecoins and saving money in a bank account. Maybe the only difference is that the money in your bank account have a deposit insurance, so when the bank goes bankrupt the government will pay you back a part of the deposit. You have no such insurance, if the stablecoin implodes and becomes worthless. Nobody knows whether or not Tether has 100% reserves to back up all USDT in existence. The main role of stablecoins is to be used by the crypto traders for convenience. You basically use a stablecoin to hedge the risk of having increased price volatility on the crypto markets.