USDT vs USDC safety: Anyone have thoughts on which is safer and why?
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mostly think both are decently safe USDT has better secondary market liquidity, USDC has better primary market liquidity in the end a lot comes down to whether you're worried about 1%, 10%, or 90% crashes
Re: market crashes Tether went to 3B to 63B starting from march 2020 black swan crash. Being super liquid on CEXes was the key for us. If market crashes 90% pretty sure stablecoins, all of them not only tether, might still grow more.
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Thanks to DeFi!
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Thanks for chiming in
@paoloardoino Any thoughts on recent US regulatory pressure around stables? -
We need to wait to see what is being decided. We welcome rules that are well defined and fair. In the end stablecoins like Tether and USDc are centralized since they use trad. financial rails, hence clear rules will remove a lot of FUD / uncertainty.
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When he says 90% crash he’s referring to tether being fraudulent, not bitcoin collapsing. Market cap up/down is of little consequence to holders.
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Tether is liquid, never failed to perform a redemption (plenty of information and parties confirming this publicly). Markets don't lie: Tether price is at 1$ everywhere, even with all donkey's FUD. So trust is clear.
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unbelievable
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can't believe people actually believe in
$tether lol. It will end badThanks. Twitter will use this to make your timeline better. UndoUndo
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when Tether gonna hit 80B sir ?
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