the DAO owns +$1M USDT, a really SUSSY coin

by 0x1e09a216b70d46229f3fe86d3ad2e47ae01f7989 (Tobik#7989)

I'm resubmitting because I was focusing on two coins when the point is to look for other alternatives.

Hello, community. I'm just doing this proposal to ask you what you think of the DAO owning +$1M in USDT. A crypto which is run by shady people and has been changing its narrative of how they pair to the dollar through the years.

I'm linking an article which will give you a better perspective of this coin: https://www.theverge.com/22620464/tether-backing-cryptocurrency-stablecoin

But there is a better video made by Coffeezilla which goes even deeper in regards to this: https://www.youtube.com/watch?v=-whuXHSL1Pg\&t

Please take in mind that this proposal it's not financial advice, but USDC (backed by Circle / Coinbase) and DAI seem better options. Even BUSD from Binance seems more legit.

The idea of the proposal is to know what you guys think but also to make sure the funds of the DAO are secure.

• Keep holding USDT
• Migrate to other stablecoins
• Invalid question/options

Vote on this proposal on the Decentraland DAO