Tether (USDT 0.01%) is often in sync with Bitcoin as the largest cryptocurrency by trading volume, offering versatility as a “safe haven” during periods of high liquidity in the crypto market. With each USDT token pegged to a dollar, it’s often considered one of the safest cryptocurrencies on the market. However, investors should watch one key risk.
A large green sign of the word Tether.
Tether’s transparency is not as good as other stablecoins
Tether Limited, the issuer of USDT, has faced long-running scrutiny over transparency, since 2017. Investigations by the New York Attorney General’s office found that in…
