usdt price!

[billax]

Hello,

I'm new in Crypto trading and I do not know a lot about this market, I investigated on USDT before some days and now the price is dropping,
is here anyone that could know the market and could advise me?

[wombat]

Are you referring to Tether(usdt)? I don't see the price dropping, it looks the same to me today.

With that being said, Tether is going through an investigation right now. If they can't prove their backing for its stable coin, price might crumble.

[raiders72001]

I try to stay away from USDT as much as possible but you do have to use it to trade at some exchanges.

[wombat]

If you need to park your money while trading, usdc is much safer than usdt in this environment.

[raiders72001]

If you need to park your money while trading, usdc is much safer than usdt in this environment.

USDC will be the number 1 stable coin in the near future.

[wombat]

USDC will be the number 1 stable coin in the near future.

Yep, I totally agree. Much as I hate Coinbase, they are way more solvent than the mysterious backers of USDT.

[raiders72001]

and Blackrock invested $400m in USDC.