I’m a freelancer and receive most of my overseas income in USDT. I keep most of it in a hardware wallet instead of converting it to my local currency.
The reason is that converting it creates a tax liability, while my local currency continues to lose value. So USDT feels like a way to preserve USD value.
The problem is that **USDT now makes up almost all of my savings**.
For those who earn internationally, especially in countries with depreciating currencies: **would you consider this reasonable, or is having almost all your savings in one stablecoin too risky?** How do you diversify?