Cryptocurrency Q&A
Is Tether 100% safe?
Is Tether 100% safe?
CryptoAce
Thu Mar 28 2024
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6 answers
1173
I've heard a lot about Tether recently, and it's said to be a stablecoin backed by the US dollar. But is it really 100% safe? I've read some reports about its vulnerabilities and hacks in the past. What are the risks involved, and how can I ensure my funds are secure if I choose to use Tether?
6 answers
amelia_martinez_engineer
Sat Mar 30 2024
Daily records of the current total assets and reserves are published, ensuring complete visibility.
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EthereumEagle
Sat Mar 30 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services tailored to meet the needs of crypto investors.
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EmilyJohnson
Sat Mar 30 2024
Each Tether token (USD₮) is firmly pegged at a 1-to-1 ratio with a matching fiat currency.
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Maria
Sat Mar 30 2024
The backing for these tokens is entirely supported by Tether's reserves, ensuring stability.
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EthereumLegendGuard
Sat Mar 30 2024
We guarantee full transparency and 100% backing for all our operations.
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