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Anonymous

Edited 26 Nov 2021

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Cryptocurrency

What are the different risks of stablecoins like usdc?

Can I treat usdc as a cash equivalent in my portfolio to earn interest?

Discussion (3)

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Highest risk stable is USDT imo, USDC is safe for me, risk is not being able to claim for USD as not fully backed

Depends on which stablecoin, they are all differently managed, suggest you go look them up

Sure, high risk high rewards, platform risk, company risk (fed can freeze your usdc if they want)...

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