Cryptocurrency Q&A Is USDT safe as USD?

Is USDT safe as USD?

Riccardo Sun May 19 2024 | 5 answers 991

Could you please clarify, is USDT really as secure as traditional USD? I've heard a lot about cryptocurrencies and their volatile nature, so I'm a bit skeptical about investing in USDT. Is it backed by any real assets or guarantees? How does it compare to fiat currencies in terms of stability and liquidity? I'm trying to understand the risks involved and whether it's a viable option for storing my savings. Could you provide some insights into its safety and reliability? Is USDT safe as USD?

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