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Coinbase has listed USDT. I am sure this is a heated subject, I want to hear all sides. What, if anything, does this mean for the crypto industry? https://blog.coinbase.com/tether-usdt-is-now-available-on-coinbase-214f075deaa2
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Well, in my experience practically nil, because I am very new to the world of cryptocurrencies, I think it is a good advance. The usdt is a fixed currency whose value varies very little, so it is a great advantage to have it within reach because if at some point you see that your currency begins to devalue a lot you can make an exchange for tether and momentarily you have all its accumulated amount. It is true that for each exchange you lose a small commission, but that could prevent you from losing much more. I am using faucetpay because in the country where I live, Binance is blocked. So I hope that one day they add that coin there ... Greetings and good day friend 👍👍👍.
I fear of the amount of USDT from the market. Is it really backed up by 1:1 with USD $?