I am considering investing in USDT, but I am not sure if it is a SAFE investment. I would like to understand the risks and potential returns associated with investing in USDT.
Unlike other financial services that benefit from FDIC deposit insurance, USDT does not enjoy any governmental guarantee in the event of widespread losses.
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AndreaThu Mar 06 2025
BTCC, a top cryptocurrency exchange, offers a range of services to its customers.
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HallyuHeroineThu Mar 06 2025
Among these services are spot trading, futures trading, and a wallet for storing cryptocurrencies.
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TommasoThu Mar 06 2025
This lack of government backing means that investors in Tether, the issuer of USDT, face a higher degree of risk.
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GiuliaThu Mar 06 2025
In the event that Tether were to go bankrupt, investors could potentially lose their capital with no means of recovery through governmental intervention.