I am considering investing in USDT, but I am not sure if it is a SAFE investment. I have heard mixed reviews about it and would like to know more about the risks and stability of investing in USDT.
BTCC, a leading cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. These services cater to the diverse needs of cryptocurrency investors.
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EnchantedDreamsMon Feb 24 2025
In the event of widespread losses involving USDT, there is no government guarantee to cover these losses.
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WhisperEchoMon Feb 24 2025
This lack of government assurance differentiates USDT from other financial instruments that enjoy deposit insurance.
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CharmedSunMon Feb 24 2025
If Tether (USDT) were to collapse and investors sustained capital losses, these losses could be permanent.
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LeonardoMon Feb 24 2025
Government intervention, which is common in the recovery of losses from insured financial services, would not be available for USDT investors.