Stablecoins help traders avoid volatility while staying inside the crypto ecosystem. Among them, USDT dominates trading volumes across exchanges worldwide. But is it truly safe?
USDT is backed by reserves that include US Treasury bills and cash equivalents. While Tether has faced transparency concerns in the past, recent attestation reports show improved reserve clarity and over-collateralization.
The primary risks associated with USDT are not price-related but platform-related. Users who store funds on untrusted exchanges or fall victim to phishing scams face higher risks than those who follow proper security practices.
For traders, USDT remains a practical tool for hedging, transferring funds, and trading pairs. As with any centralized stablecoin, diversification and security awareness are key.
👉 For a complete breakdown of USDT safety, risks, and best practices, refer to this detailed guide: Koinpark USDT Safety Guide
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