Tether and Institutional Investment

[happyme9181]

Is the FUD surrounding Tether holding back institutional investment into crypto?

An article by Andrew Wong, IDCM's Managing Partner

https://medium.com/altcoin-magazine/is-the-fud-surrounding-tether-holding-back-institutional-investment-into-crypto-6f39d5d040f2

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[cindygirl]

Agree with the conclusions reached, Tether will loom over the market for the considerable future. Sadly there is little in the way of a solution to that, even if tether come out with near conclusive proof there will still be infinite FUD around them and even if they've got USDT backed 1:1 it doesn't mean that there is no risk with it.

[cuenzy]

You can say that FUD will be a strong instrument for other newer stable coins creeping in but their moves are really alarming for investors and the whole community of crypto itself. But I think even if they fail or everyone left their tokens an alternative will still rise since man investors will need to secure their position once and for all when the market is in chaos.

[ren_hodl]

I hope Tether will still recover and secure its spot in the market.

[coinhodl888]

They should clear up the issues with audit documents to end the FUD, or at least lessen it. As of the moment it's very important to see consistency so people wont be alarmed. 

[cindygirl]

You can say that FUD will be a strong instrument for other newer stable coins creeping in but their moves are really alarming for investors and the whole community of crypto itself. But I think even if they fail or everyone left their tokens an alternative will still rise since man investors will need to secure their position once and for all when the market is in chaos.

Best case scenario no other stable coins will replace USDT if anything bad happens. It should act as a wake up call for people that it only brings problems. In the ideal situation people are just able to trade fiat/crypto without the need for any added complication from stable-coins.

[buwaytress]

You can say that FUD will be a strong instrument for other newer stable coins creeping in but their moves are really alarming for investors and the whole community of crypto itself. But I think even if they fail or everyone left their tokens an alternative will still rise since man investors will need to secure their position once and for all when the market is in chaos.

Best case scenario no other stable coins will replace USDT if anything bad happens. It should act as a wake up call for people that it only brings problems. In the ideal situation people are just able to trade fiat/crypto without the need for any added complication from stable-coins.

I can fully understand the ongoing infatuation with stablecoins, from a hedging point of view. But these instruments will always be backstops. Temporary solutions until the actual asset itself becomes mature to the level desired (maybe this temporary in our relative view means decades, maybe our lifetime).

They will fail, simply because they are backed by or pegged to currencies whose years are already numbered. Other stablecoins may last longer, pegged to baskets of currencies, pegged to precious metals, whatever. But the fact is, their shelf lives are already limited by the very currency they depend on - which are all part of the old world that must give way and collapse under their own designs.

[MAbtc]

Is the FUD surrounding Tether holding back institutional investment into crypto?

I doubt it. Why would institutions care if crypto traders lose a bunch of money when USDT goes to $0?

I hope Tether will still recover and secure its spot in the market.

I'd much rather see some of the new stablecoins take over. First, they have more trustworthy issuers.... Circle, Gemini, Paxos, etc. Second, when Tether inevitably implodes, the less stablecoin market share it has, the better.

[nl247]

I hope Tether will still recover and secure its spot in the market.

The funniest part is that despite some of the recent occurrences, it is still being used with a lot of volume in the market, but the good thing right now is that there are competitions springing up anyway and it is a good thing for the market over all, since most of these competitions are doing things that tether could not do which is basically the idea of transparency when it comes to auditing. The only way Tether will be able to hold its stance in this market in the long run, is to succumb to that auditing, of course, if they have nothing to hide.

[cindygirl]

You can say that FUD will be a strong instrument for other newer stable coins creeping in but their moves are really alarming for investors and the whole community of crypto itself. But I think even if they fail or everyone left their tokens an alternative will still rise since man investors will need to secure their position once and for all when the market is in chaos.

Best case scenario no other stable coins will replace USDT if anything bad happens. It should act as a wake up call for people that it only brings problems. In the ideal situation people are just able to trade fiat/crypto without the need for any added complication from stable-coins.

I can fully understand the ongoing infatuation with stablecoins, from a hedging point of view. But these instruments will always be backstops. Temporary solutions until the actual asset itself becomes mature to the level desired (maybe this temporary in our relative view means decades, maybe our lifetime).

They will fail, simply because they are backed by or pegged to currencies whose years are already numbered. Other stablecoins may last longer, pegged to baskets of currencies, pegged to precious metals, whatever. But the fact is, their shelf lives are already limited by the very currency they depend on - which are all part of the old world that must give way and collapse under their own designs.

You're speaking of a time when bitcoin/crypto replaces fiat and there is no longer any need for a stable coin because there will in fact be no fiat to peg the coin to? I do wonder how the crypto market would respond to only having crypto/crypto pairs that can be traded.

[gentlemand]

The institutional types are going about it the right way by launching Gemini and Circle's versions. If USD proxies have to exist then let them be created by vaguely accountable companies. In an ideal world they'll slowly sneak up on USDT and we won't notice it fade into irrelevance.

[Renaldi blackspadeteam]

FUD has always been an obstacle to crypto problems, people who spread FUD excessively can have a negative impact on themselves and also other people can even make doubts for investors so those who want to invest in crypto are hesitant for example institutional investment

[tonyja2017]

The bad news about Tether is growing and I think Tether really does not have a good future. Investors started not trusting it anymore. Stable coffers like TUSD and USDC have a great opportunity to advance in the crypto market. When Tether collapses, we still have many choices for a stable currency.

[THEICOBOSS]

They should clear up the issues with audit documents to end the FUD, or at least lessen it. As of the moment it's very important to see consistency so people wont be alarmed. 

There's always a possibility that the institutional investors will invest to where risk is completely minimal and rewards surely predictable and providing as much as is needed. I always believe they're always working on it.

[jidwie]

I hope Tether will still recover and secure its spot in the market.

That's really for sure. Tether (USDT) is the king of stable coins. So, let's wait until they get back in securing the right and justifiable spot for Tether.

[nathanjo]

I hope Tether will still recover and secure its spot in the market.

That's really for sure. Tether (USDT) is the king of stable coins. So, let's wait until they get back in securing the right and justifiable spot for Tether.

New stable coins will probably try to dethrone Tether sooner than expected. But just to make it at ease. Well, FUD always there the only they can do is to either backstopping or try to lessen it.

[gentlemand]

I hope Tether will still recover and secure its spot in the market.

That's really for sure. Tether (USDT) is the king of stable coins. So, let's wait until they get back in securing the right and justifiable spot for Tether.

Nah. The best outcome is that it steadily fades away without incident.

Its dominance makes the crypto market look like a bad joke. By this stage an element put together by mystery men with no accountability and no auditing should not be in the position it's in.

[nathanjo]

They should clear up the issues with audit documents to end the FUD, or at least lessen it. As of the moment it's very important to see consistency so people wont be alarmed. 

There's always a possibility that the institutional investors will invest to where risk is completely minimal and rewards surely predictable and providing as much as is needed. I always believe they're always working on it.

The qualities of Tether will surely overweighs its potential issues due to its steady value and its competency to offer liquidity to exchanges. The problems are always around the corner yet the benefits will always revolve on its concept. Let's see their capabilities to overcome this aftermath.

[icoreels]

FUD has always been an obstacle to crypto problems, people who spread FUD excessively can have a negative impact on themselves and also other people can even make doubts for investors so those who want to invest in crypto are hesitant for example institutional investment

I agree on you, pal. For the reason that the difficulty of assurance and centralization is something most of stable coins had issues like Tether having with.