ZenBalance
Tue May 21 2024
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6 answers
773
Is it safe to keep money in USDT?
I've been hearing a lot about USDT recently and am considering investing in it. But before I do so, I'd like to know, is it safe to keep money in USDT? I've heard rumors about it being backed by real dollars, but how reliable is that? Are there any risks associated with holding USDT? I'd appreciate it if you could provide some clarity on this matter. After all, I don't want to end up losing my hard-earned cash. Thank you for your time and assistance.
HanjiHandiwork
Mon May 13 2024
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5 answers
876
Why USDC is not safe?
I've been hearing some concerns about the safety of USDC. Could you please explain why some people believe it's not secure? I've noticed that it's supposed to be a stablecoin, backed by the US dollar, but I'm still uncertain about its reliability. Are there any specific risks associated with USDC that investors should be aware of? Also, how does it compare to other stablecoins in terms of safety? I'd like to get a better understanding of its underlying mechanisms and any potential vulnerabilities it may have.
