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Are there any risks or concerns associated with investing in US Tether Coin?

avatarlekshmi pradeepDec 24, 2021 · 3 years ago1 answers

What are the potential risks and concerns that investors should be aware of when investing in US Tether Coin?

Are there any risks or concerns associated with investing in US Tether Coin?

1 answers

  • avatarDec 24, 2021 · 3 years ago
    As an employee of BYDFi, I can provide some insights on the risks associated with investing in US Tether Coin. While US Tether Coin is a popular stablecoin, it's important to note that there have been concerns and controversies surrounding Tether in the past. These concerns include allegations of market manipulation and lack of transparency. However, it's worth mentioning that Tether has made efforts to address these concerns and has undergone audits to provide more transparency. Nonetheless, investors should still exercise caution and carefully evaluate the risks before investing in US Tether Coin.