Saturday, 19 November 2022

Is there any risk to your dollars if you hold them on an exchange but NOT as a stablecoin like Tether?

Let's say the giant Tether bubble pops, and I have $1,000 on Kraken or Coinbase as USD. Not as USDC or USDT...Will my funds be safe? Or will the collapse of something as massive as Tether still have cascading effects that could affect my money?

submitted by /u/AbrahamSTINKIN
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source https://www.reddit.com/r/btc/comments/yytky0/is_there_any_risk_to_your_dollars_if_you_hold/

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