from Luna as a stablecoin, but what about Tether and USDC, are they safer or could they also fall like Luna ?
I'm personally very sceptical to USDT due to the fact that almost nothing of it is backed by actual USD (which first was the case and intention). When they where "caught" they simply changed the text to say backed by US dollar, various bonds and other value.. It seems very messy.. On the flipside, it's so big so many big big names are deep in to it that IF it started to depeg many big players would gladly put in major(!) effort to get it back to 1:1.. However, for me personally, USDT is a high risk asset and nothing I would store for longterm.
thank you ! so USDC seems a safer choice
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