Is USDT Tether safe?

[tuquyen44]

I think this is good news, when it comes to raising the value of bitcoin, and I do not understand your intention to keep usdt safe, are you afraid the price will go down? I never see the price of tether down from 0.99 

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[WUWARAOLUOXIANG]

I dont think it is safe, anyway, it is a game that compete speed of running away. But fow now, Tether is the most popular one in cryptocurrency world, if it crushes, the whole building crushes, too.,

[Elysio]

I think tether safe for crypto. they proved their money. There is no reason to believe you. I did not believe in me before but now I believe. based on independent company research.

[Nikolas_the_Wonderworker]

All cryptography is a decentralized market of coins on crypto-exchange exchanges. The only centralization on the exchange is the ratio of owners and managers of exchanges to USDT. Mankind how many did not have crypto-coins, the main thing is still the US dollar paper. Therefore, the cryptography community will thoroughly conduct information and other support for USDT for the confidence and tranquility of investors in crypto-coins. This is also safe for USDT.

[ngonco.giolua22]

Actually there are more than 1500 hundreds coins that are operating in the market. The market is full of different types of coins but it is difficult to say which is good or which is bad. As of now the, we can say that the tether is safe as it is passing a good day but what it does in the future is uncertain.

[Henri Cartier]

Tether(USDT) is a digital currency linked to fiat currency. All Tethers are first issued on behalf of the Bitcoin blockchain via the Omni Layer protocol. Each issued Tethers is linked to the US dollar one-to-one, corresponding to the US dollar.

The USDT will not show huge fluctuations in the ups and downs only change with the fluctuations in the US dollar exchange rate, and the price is very stable, so its most important significance is to hedge.

Risks of USDT:
Tether is a decentralized digital currency, but not a perfect decentralized company, tether stores all assets as a centralized pledge, so USDT has the following risks:

• Tether company may go bankrupt;

• The bank in which the company opens an account may go bankrupt;

• Banks may freeze funds;

• The company may roll the money;

• Centralized risk may make the entire system paralyzed.

According to Coinswitch, 1 usdt to eth exchange will give 0.0085 ETH which is a good range for conversion. One can exchange usdt to eth at the best rate at Coinswitch exchange.

[HichemFetoui]

probably i recently see a post that annonce that you can right now redeem your usdt token and withdraw them to your bank account but i think dai is way more superior to tether

[Malam90]

probably i recently see a post that annonce that you can right now redeem your usdt token and withdraw them to your bank account but i think dai is way more superior to tether

USDT is more safe than any other coins in crypto market. It gives you neither profits nor loss if you convert your coins into USDT but if your coins price downs after you convert into USDT, you will be in profits in USDT. I think USDT is safe because it is only stable coin that is preferred by most of the investors to convert.

[tamango]

I personally don't trust ANY stablecoin because none of them are certified by a trusted third part escrow. If I want to have crypto stable I convert them to $ or Eur....

[romelitounknown]

Usdt is also a cryptocurrency, a stable coin . Every cryptocurrency that is inside any exchanges are all at risk of being hacked or scammed.

[JohnMacZeppelin]

As far as I remember, there were so many options that tried to check the USDT project, it still seems to me that there is a possibility that this project does not have such a huge amount of paper dollars.

[elite070]

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?

It's in binance so, yes. USDT is safe, there is good regularities and assumptions from other platforms so we can trust it. Another thing is that, it is stable which is good for storing.

[Gilliffyn]

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?

As far as I know that it is safe now , it has passed the same audit as the sdk , so I think it can be used safely

[neli234]

I have no doubt here, although there are talk about USDT's bail but it is still the stable number 1 market today. Simple is that

[Emilyp]

I believe safe if not it wouldn't be the number one stable coin and it also listed on all big exchanges which wouldn't have been so if they had doubts about it.

[oudekaas]

I think yes. There is no doubt that project with so big capitalizations can't be scam. Also it passed an indempendant audit. All these bad news which are around Tether are just fud.

[nikola22]

I had some doubts about this stablecoin when they didn't want to present audit of their accounts. but when they did it and everything cleared I don't see any reasons to avoid USDT.

[belli4388]

i believe that we can trust tether, despite the increase of capital, the funds seem to be always available, but personally i prefer the new true usd because is on blockchain eth

[avonka]

I am not a big fan of centralized stable coins like USDT. It is backed by $ but the real problem is how to control it, and audit it all the time. Some doubt will always be present. I have more faith in decentralized solutions like DAI has.

[abake]

I wish I had the opportunity to reply to this thread immediately when it was posted. My point is this, we give in to any FUD flying around, and yet we still call ourselves crypto enthusiasts. Someone will just bring up an FUD about a coin, in this case USDT and the masses will give in. Assuming USDT wasn't a stable coin, it could have been worthless right now. Please crypto enthusiasts, rise up and say no to FUD.