What are the risks and rewards of participating in Tether's lending program with its coins?

1 answers

• Jivan Bista ComputingAug 13, 2024 · a year ago
  Participating in Tether's lending program with its coins can be a profitable venture for individuals. By lending their Tether coins, individuals can earn interest on their holdings, which can provide a passive income stream. The interest rates offered by Tether's lending program are competitive and can be higher than traditional savings accounts. However, it's important to be aware of the risks involved. One of the main risks is the potential loss of funds if the borrower defaults on their loan. Additionally, there may be security concerns related to the Tether platform. It's important to conduct thorough research and carefully evaluate the risks before participating in the lending program.
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