Is holding USDT safe?

USDT (Tether) is very safe and secure to store the money in crypto form . Tether is a stable coin that is pegged to the price of 1 US dollar hence is very stablilized although it’s price fluctuates very few percentages once in a while but it is still very stable.4 Oca 2019

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Is Tether USDT safe?

Using non-stable crypto currencies introduces exchange rate risk in transfers, therefore Tether can be seen as a safer way to complete short term funds transfers . The risk is that if Tether’s price suddenly collapses, those transfers could fail.6 Kas 2021

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Can USDT be trusted?

USDT (Tether) is very safe and secure to store the money in crypto form . Tether is a stable coin that is pegged to the price of 1 US dollar hence is very stablilized although it’s price fluctuates very few percentages once in a while but it is still very stable.4 Oca 2019

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Can USDT ever crash?

Originally Answered: If cryptocurrencies crash, but I have converted all of my holdings to USD, is it safe from losses? Basically, yes . USDT are US Dollars tethered to real money, deposited and checked by officials periodically.

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