Advantages and disadvantages of Tether USD
Advantages:
🔵 Stability: Pegged to the US dollar, reducing the volatility typical of other cryptocurrencies.
🔵 Liquidity: Highly accessible on many exchanges and easily convertible.
🔵 Transfer convenience: Used for instant transfers without involving banks.
Disadvantages:
🔵 Transparency: Criticism regarding insufficient transparency of reserves.
🔵 Regulatory risks: Possible legal issues due to stablecoin regulations.
🔵 Centralization: Managed by a private company, raising concerns about decentralization.