Saving in USDT? A quick solution with risks that no one tells you #CryptoComeback

In countries with rampant inflation, such as Argentina or Venezuela, saving in digital dollars like USDT has become almost an automatic reflex. After paying for the basics, many people exchange their pesos or bolivars for these 'stablecoins' to protect their money from devaluation. But is it really as safe as it seems?

Stablecoins, such as USDT (from Tether) or USDC (from Circle), are cryptocurrencies that aim to mimic the value of the dollar. They promise stability amid economic chaos, but they also come with their own issues.

For example, they are entirely dependent on the dollar, a currency that, although strong globally, also loses purchasing power over time. In fact, each year the dollar is worth a little less due to the controlled inflation in the United States. This means that your savings in USDT are also gradually eroded.

Moreover, there is a delicate issue: censorship. Stablecoins are controlled by companies that can, under certain legal or political conditions, freeze your funds. This has already happened. Platforms like Tether have blocked wallets by court order. If you trust your savings to these coins, you do not have total control over them.

And worse, some stablecoins have completely collapsed. The case of UST from Terraform Labs is the most famous: it promised stability but lost its value and dragged the savings of thousands of people with it.

In contrast, Bitcoin represents something different. It is not controlled by anyone, and if you manage it with your own wallet, no one can take your funds from you. It is volatile, yes, but it is also synonymous with financial freedom. Saving in USDT may help you in the short term, but if you are looking for true independence and long-term security, it is worth looking beyond.