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I’ve heard they’ve had legal issues, so I just use GUSD or USDC
Did a post about this a few days ago. Scroll back a lil
Got it. USDC is still 8.6%
Chief
Tether is a gray market coin.
TUSD definitely serves a purpose, but I attribute additional risk associated with TUSD especially because they don’t have 1:1 usd reserves, and there is ongoing legal issues with bitfinex and the US.
Not worth the additional 0.7% yield in my risk tolerance.
How reputable is USDC?
Chief
Governed by CENTRE consortium (Coinbase + Circle). Claim to be fully regulated and back each USDC with $1, audited on a regular basis.
Pretty reputable
Tether may not be as stable as they claim, and if the legal issues go wrong it may be worth like 1/3 of what it is now. If you want a stable coin I suggest DAI
I’m going to do USDC myself