The primary purpose of Tether is to provide liquidity and a hedge against market volatility. The tokens are pegged to a fiat, which means there should be no loss of value or volatility as with other tokens. This also makes the stablecoin less risky than typical cryptocurrencies.
In the overall, is Usdt Safe 2020?
Tether is a confidence game and if confidence was lost, USDT could quickly become worthless. Still, getting out of Bitcoin and into Tether for a few days probably poses minimal risks. If you want to use Tether to move money between exchanges or to hold dollars for a week or two, that's probably fine.
In spite of that, will tether go up? Tether (USDT) Price Prediction for 2020 & 2025 USDT is a not so good long-term (1-year) investment. The Tether price can go up from 0.999 USD to 1.020 USD in one year. The long-term earning potential is +2.14% in one year. The Tether (USDT ) future price will be 1.039 USD.
Quite so, is tether worth investing?
Based on market predictions, the Tether (USDT) is a profitable investment. Most forecasts indicate USDT will offer a good return in 3 to 5 years, which makes it a strong long-term investment. If you are after a stable asset to store value in, this is one of the best in the cryptocurrency market.
Can you make money with tether?
Along with its use as a medium of payment for crypto investors and companies, Tether is popular as a tool for traders. Due to the fact that the cryptocurrency has effectively zero volatility, USDT is often used as a way to profit by those traders expecting a downturn in the value of Bitcoin or other cryptocurrencies.