Should I invest in USDT?

Tether (USDT) is the most valuable stabelcoin in the world, sporting a market capitalization of $69 billion, more than double the value of USD Coin (USDC), the next largest coin. In order to assure buyers that it is trustworthy , Tether claimed it had cash reserves equal in value to the stablecoins it issued.20 Eki 2021

Tether (USDT) offers a way for investors to avoid the extreme volatility of other cryptocurrencies . By moving value to USDT, a trader might reduce their risk of exposure to a sudden drop in the price of cryptocurrencies. It is also much quicker and cheaper to transfer BTC into Tether rather than the U.S. dollar.

It’s safe and easy enough to use even for beginner crypto holders . There’s no need to untangle the complexities of lending apps like Compound. All you have to do is deposit coins in your account on an exchange – and the staking will start automatically. USDT staking is still a very new service.