Well-known trader analyst Peter Brandtstated that it is as safe to store funds in USDT as it is in"Nigerian trinkets".
</p>"I think only fools keep funds in Tether.and using USDT is a laugh.""In the future, we will be able to meet the needs of our clients," he concluded.
He added that selling bitcoin in USDT instead of the dollar would not allow US residents to avoid the attention of the IRS.
Whether the trader was referring to the currency of the African country by "Nigerian trinkets" is not entirely clear, but he has already been told in the comments that the Nigerian naira is not that stable.
He clarified that USDT holders trust unregulated exchanges with an unknown balance of payments.
</p>Recall, Brandt considers the current crisis associated with the pandemic, an ideal storm for bitcoin.
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