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Question: does anyone know what the risks here of having

tzBTC and ETHtz in your wallet? I am looking for exposure to BTC/ETH but dont want to do the actual converstion from TEZ to the real BTC/ETH

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probably the same risk as holding USDC/USDT. you are putting trust in 2 main things: 1. that the issuer isn't going to rug you 2. That the issuer's code isn't fault. Eg. if there's a bug in their code that allows someone to mint additional coins, etc

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