Is USDT Tether safe?

[bartusv]

Tether is backed by $ and with other assets - that is how they claim (whatever it means).
That is  a centralized solution which could never be 100% sure. 
Doubts will always be there.

[1714797306]

1714797306

[jcarlo]

I try not to deal with the TUSD and not save profits in it. While this market is not regulated and manipulative one can not be trusted to those who say that USDT is fully secured by USD. If you want to save in USD then look for exchanges that give this opportunity. They are actually a lot now

I am agree with your opinion. In this unregulated market, we should always careful. But if we want to trade, i think we can use USDT when we waiting a right moment to enter market. USDT used in many exchanger including binance and i think its safe

[vennali]

I couldn't find a recent topic on Tether on bitcointalk. Anyone knows if they have a subreddit or an active topic on this forum ? Their current subreddit https://www.reddit.com/r/Tether/, seems to no longer be accepting posts and has been locked. Wish to stay updated with whats been happening with it.

[Impaler]

Tether was one of the trusted coin in the market. And for a long time it was the only solution to fiat alternative. Tether is backed by dollar or maybe some real world asset. Not only tether every stable coin is backed by something. But in last year many controversy came with tether like they are not properly backed up or they print without any backup like that. Why people use those coins which have some negative review. So many people shifted to other stable Alternative like trueUSD or GeminiUSD. And after that many stable coin started to come in the market. But still USDT is most used stable coin. So I don't think it's unsafe. But in crypto market never put all your money in one space. That's it.

[trudovik]

You can only say that in 2018 it was profitable to save money in USDT because this project showed good success. I think and I hope that this will not be the first experience and many people will take profits exactly in USDT

[ifykiki]

It's probably safe but I don't think I would save my cash on tether especially now since the market is still wavering

[LUCKMCFLY]

Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?

I think that when printing more, it is a little risky, but taking into account that most of this currency is created by Bitfinex, it has a great support about it, this Exchange for me is the best of all, because I have noticed that all Exchanges correct their arbitration following Bitfinex, therefore, this currency created by Bitfinex must have a great development, however, it is better provided that a certain part can be passed to USD, due to the recent changes that have been made in Tether or USDT.

[integrity42]

USDT, as far as I am concerned, is a very safe coin on the market, it is in demand and has already proven its safety over time

[Spider A4]

Besides the fact that Tether obviously does not have a limited supply, it is a pretty good coin, but I would stay away from it. Because I have already that a stable coin was worth like 0,70 USD and it simply cannot happen with a stable coin.

Limited but every year coin supply will be increase i mean couple times Tether dev producing printed coin. But still USDT is overall better than other all type of stable coin.

[bitstalker]

in my opinion it's safe but it's just that we've never experienced a number of cases first but now they have just fixed the usdt fee is very high, if only their fees were cheaper maybe it would be interesting

[vennali]

Sad to see that just based on my question above people have started spamming again.

 

USDT, as far as I am concerned, is a very safe coin on the market, it is in demand and has already proven its safety over time

Really ? How does demand of something prove its safety. The risk was that more could be printed without backing. Now demand has nothing for that to implode.

in my opinion it's safe but it's just that we've never experienced a number of cases first but now they have just fixed the usdt fee is very high, if only their fees were cheaper maybe it would be interesting

lol. What fees are you really talking about ? Exchanges have a fees, USDT in itself isn't like an altcoin that has a fees.

[magicrypto]

There was a lot of fud aroundt usdt, but seems that he feels ok and rumors dont kill him, so for me it is the best proof of stability, but i think in crypto there are no word "safe", everyone knows that this is a high risk instrument for investing, everybody should count their risks by own.

[JeffBrad12]

USDT, as far as I am concerned, is a very safe coin on the market, it is in demand and has already proven its safety over time

It has been losing its integrity caused by tether didn't have a lot of reserve funds and the company can't even prove it through doing an audit to that reserved funds.  It's not a safe stable coin and TUSD is much better than it. tether is having a lot of manipulations.

[nightl]

USDT, as far as I am concerned, is a very safe coin on the market, it is in demand and has already proven its safety over time

It has been losing its integrity caused by tether didn't have a lot of reserve funds and the company can't even prove it through doing an audit to that reserved funds.  It's not a safe stable coin and TUSD is much better than it. tether is having a lot of manipulations.

unfortunately for this view to become dominant, needed to have an impact on the market.
So far, the majority of cryptocurrencies turn a blind eye to this, and this can lead to very bad consequences.

[Kulkhan]

Yes I Think USD Tether Is Safe. Case They Already Proved That it’s' Activists is  Clear And Trasted. They Shows  It’s Activists publicly. And It Hold it’s Price Stable long Time. So I Undoubtedly Believe That USD Tether is Safe.   

[rez303]

USDT, as far as I am concerned, is a very safe coin on the market, it is in demand and has already proven its safety over time

It has been losing its integrity caused by tether didn't have a lot of reserve funds and the company can't even prove it through doing an audit to that reserved funds.  It's not a safe stable coin and TUSD is much better than it. tether is having a lot of manipulations.

TUSD has not been accepted by many exchanges so this coin is still a temporary solution for USDT. I think USDT still has greater trust from investors because this is the fiat used by everyone in trading and USDT's daily trading volume is still much higher than TUSD so everyone should consider and guarantee your property when the market shows signs of falling

[niisarearning]

Still i am using tether ( USDT ) for taking profit in the form of crypto and reinvest back . I have seen lots of bad news and lots of competitors appeared foe tether in 2018 includign DAO . But i still belive in Tether . After lots of accusation still its strong equal to stable currency.

[watergold]

I think saving USDT won't get more profit if what you want is profit, but if you save funds just to secure assets I think it's the best way,at least avoid losing too much

[harrypotpot]

Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?

Is there any risk involved when we are going to consider USDT tether? and not other stable coins in the market? I think there is nothing we can think about as USDT tether delivers a great support to the market price of bitcoin, why would be ask for safety using it in the market?

[Dima95]

USDT is a project that we tested with you. I remember that a very large number of people said that it was a scam, but still they were able to save their savings in USDT, so I think that all this is very profitable.