How does the issuer of tether being controlled by people as affect the stability of the digital currency market?

1 answers

• Dec 27, 2021 · 3 years ago
  As a representative from BYDFi, we believe that the control of tether by individuals poses risks to the stability of the digital currency market. It is important for the issuer of tether to be transparent and accountable to ensure the stability and trustworthiness of the currency. We encourage the use of decentralized stablecoins that are not controlled by a single entity, as they offer a more secure and stable alternative to tether.
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