Guys, has anyone thought about what would happen to our assets if centralized stablecoins like USDT or USDC started to be heavily regulated or even frozen? Recently, there has been a serious wave of scrutiny in the crypto world, and I had a few questions. A friend once told me that his wallet was blocked due to suspicions of "wrong" transactions, even though he had done nothing wrong. It was a nightmare at the time: he had his entire paycheck in USDT. This prompted me to wonder how safe it is to keep your savings in such currencies, when in fact they can be easily controlled. Has anyone had a similar experience?

This reply was removed on 11/12/2024 7:58:15 AM.
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This reply was removed on 11/12/2024 7:59:30 AM.
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Yeah, I know what you're talking about! I've had concerns about this topic as well. For example, I recently read an article that says that while stablecoins do help facilitate transactions and access to crypto-banking, their centralized nature is a double-edged sword. You can read it here, by the way: https://midhudsonnews.com/2024/10/22/how-stablecoins-are-transforming-crypto-banking-solutions/ . It is important to understand that because of their centralized structure, they are vulnerable to external regulation. I myself recently experienced a transaction delay due to some technical glitch - I was glad then that I kept part of my savings in decentralized assets. I think it is useful to keep a balance and not to depend on one type of asset.

Interesting topic, always wondered about the pros and cons of different cryptocurrencies. It seems that each option, whether it be stablecoins or more decentralized tokens, has its risks and its rewards. The main thing, I guess, is to understand what you need a particular asset for and not keep all your eggs in one basket.