USDT is well supported for a reason

[Stanlo]

People need to stop worrying about the safety of USDT, this project is actually backed by reserves in a more legitimate way and the reserve is more than what it is in circulation right now, I'm not the one that said this, it's coming from the CEO of Tether's bank Deltec



If USDT can be the no1 most trusted stable coins on top exchanges then I believe we know too little about USDT or what's going on around the stable coin, If you think that USDT still lacks full transparency well go here for more details

https://www.coindesk.com/tether-bank-deltec-stablecoin-reserves?amp=1

[WalkerIVIV]

I have read that article and tether is fully transparent to the its users and it's clearly says that not all of tether tokens backed by the USD. But it's still a big question whether about how much the real reserved funds that owned by tether. This will always be a problem to be debated by a lot of people.

[Maxstl007]

The war between centralized projects and decentralized projects, that's the way I see things around stable coins and other coins, if USDT is decentralized like DAI maybe there will be less fear? Really? People tend to trust decentralized platforms more than anything this days but my own view is decentralized platforms can hurt too, we know USDT team, they have issue with regulations before too, isn't this better than if USDT is deX and the team are anonymous? They can be hunt down by the law too, it's an advantage that people failed to see

[Sourhearrt]

The war between centralized projects and decentralized projects, that's the way I see things around stable coins and other coins, if USDT is decentralized like DAI maybe there will be less fear? Really? People tend to trust decentralized platforms more than anything this days but my own view is decentralized platforms can hurt too, we know USDT team, they have issue with regulations before too, isn't this better than if USDT is deX and the team are anonymous? They can be hunt down by the law too, it's an advantage that people failed to see

Hmm, exactly, where will tether team run to without been crucified? That makes them even more transparency to the eye, they have been tagged before, they dare not do any nonsense, pegging USD in a centralized form is harder than anything, they can't run without proper regs