If all your wages were paid in USDT, would you accept it?
If all your wages were paid in USDT, would you accept it?
If your salary was not US dollars, but USDT, would you dare to ask for it? Although USDT can facilitate transfers and cross-border payments, thinking about the fluctuations and risks makes me feel a little panicked! It can’t be used everywhere in daily life, What do you think? Come and chat!
Joan Husk Answered question June 13, 2024
USDT and other stable coins have risk of de-peg. You don’t know stable coins will de-peg or not so if you prioritize safety of your salary, choose US. dollar.
If you are a cryptocurrency enthusiast and can afford to pay loss if a stable coin de-pegs, choose Tether USDT. Risk exists but if you can trust Tether’s report for audits company, it’s one of best stable coin for you to use and to store your fund in cryptocurrency.
Dilshan Tharindu Perera Answered question June 13, 2024