Crypto Tether is even worse than fiat, approximately 2% of all circulating assets have already been frozen.
Watch every frozen address tracked daily on Tron and Ethereum.
They are issued by private companies. Any wallet holding USDT or USDC, no matter if you "keep them" in your own hardware wallet, is subject to being banned.
Stablecoin issuers like Tether (USDT) and Circle (USDC) have total control over their tokens. With one click they can block your address, permanently freezing your money.
Both traditional banking and stablecoins give others control over your money. Only Bitcoin is truly uncensorable and unseizable.
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