2 ms·
The main way is to just not use USDT. But here’s a creative way. Step 1) Borrow USDT (tether) somewhere. Step 2) Sell it for either a stablecoin you trust mo
by webinvest 5y ago
The main way is to just not use USDT.
But here’s a creative way.
Step 1) Borrow USDT (tether) somewhere.
Step 2) Sell it for either a stablecoin you trust more and/or is trading below $1: Whether that’s USDC, GUSD, BUSD, DAI, PAX, or TUSD.
Step 3) Wait a long time for Tether to implode.
Step 4) Buy back Tether for 15 cents on the dollar to close your position.
Do I recommend you do this? No, not really. It involves taking on debt. I don’t think one tether FUD article is enough material for you to base an investment decision.