if you wait, you let your cash sit around not earning anything. Better put it in to earn interest.
Even if Ringgit strengthen, do you think it will go up a lot? say hit RM3+ ? For me that's unlikely to happen. The most a 0.10-0.30 improvement which is not a big number.

If you put in Anchor with 20% APY, if you put in 1k USD, in 1 year already earn USD 195 with the 19.5% APY.

For currency exchange, below are the maths:
RM4400 / current rate of 4.35 = USD1011+
RM4400 / assume if rate improve to 4.2 = USD 1047+

That interest you've earned would already exceed the above difference in 1 year's time.

Thanks for replying.
So I have been doing some research on p2p.
As of today 1 usd to myr is 4.36(Google).

Checking on binance p2p, 1 usdt rate 4.42
Kucoin p2p 4.44
Huobi 4.418

Huobi has the best rate.
How is the fee for huobi?
Any idea?

But USD is all time high now. Is now a good time to buy usdt for staking or wait USD rate go down a bit first?

Today's peg fell again for UST. LFG’s BTC and Luna reserves are now all dried up 💸 :
https://techcrunch.com/2022/05/09/bitcoins-...uidates-wallet/

https://www.business2community.com/crypto-n...in-peg-02492606

I use Crypto.com exchange app to swap LTC (buy via Luno) to get my USDC, then transfer USDC to Finblox using Polygon network (cheapest way) at $1.60 per transfer. Rates here: https://crypto.com/exchange/document/fees-limits?tab=2

Crypto.com got 3 apps total.. after downloading all 3 only realise the exchange app is what I needed since I not hodling there. Register 1 time all 3 apps can use liao. Yeah confusing I know.. 😅

Sent you my referral code already in case you interested. Can get some free usdc depending on the amount you deposit in Finblox.

I have faith in Finblox.. if it sucks it wouldn’t get backing from several big companies for funding. The founding team is has been active in social media eg. LinkedIn as well:
https://www.techinasia.com/sequoia-backs-39...latform-finblox

If one day they stop offering 15% then fine.. if reduce too much then time to search for other reputable place to put usdc in. Most important is usdc maintain its peg for me.