Do you trust USDT?

[baundul]

Bitcoin can give rise to many ambitions, Which is the crypto-currency world. The USDT value is completely different. It is the standard form in a currency system. There is nothing to lose or gain. Credibility is intertwined between the two.

[1714628810]

1714628810

[1714628810]

1714628810

[1714628810]

1714628810

[rachellitt]

Tether has the protection of bank assets so it won't fall apart easily. Compared to other stable coins, Tether has many audit-related scandals and they have passed. I think Tether is still very trustworthy and I love tether like many other traders.

I will say that I only trust this stablecoin. As you said, there were many scandals around them and I like it. they were be able to prove that they can really be in this market and honestly do their job

What are some examples of scandals surrounding other stablecoins? New to this whole thing. Also what did USDT do to gain your complete confidence? Do you have any doubts?

[kasakola]

USDT Coin This is a stable coin jar because there are many traders who sell other coins and keep the dollar USDT for fear of losing Jodi and then use it as their own, but no matter where you invest it is your rickshaw. I have to do it.

[sharos]

I am just talking about the facts, usdt has a stable value and is not affected by cryptocurrency prices, I have also been using usdt for a long time to trade and store assets so I trust usdt and don't consider it scam

Yes, I am also trust USDT and i am always trying to use USDT. Even i can't think USDT will scam.

[paglarhat]

Yes I trust USDT.
 Because most exchanges are traded on USDT.

[Stanlo]

USD Tether is a Bitfinex issued ERC-20 token which is claimed to be backed by dollar at 1:1 ratio. There are controversial opinions about this and some say it's a scam.

Do you trust USDT or believe it might be a scam?

Yes I've been using USDT for a very long time now and I don't have any negative news on the stable coin, its way better when using the Tron network too, transaction fees are way cheaper than using on ERC20 smart contract

[Doranile432]

Even if we are all stupid at doing research to exchanges aren't, USDT is available on all top exchanges in crypto space, that's because they believe in its existence, USDT can be centralized stable coin but that's doesn't mean it can't be trusted, I will gladly choose USDT over DAI any day

[Roidz]

Even if we are all stupid at doing research to exchanges aren't, USDT is available on all top exchanges in crypto space, that's because they believe in its existence, USDT can be centralized stable coin but that's doesn't mean it can't be trusted, I will gladly choose USDT over DAI any day

USDT is one of the most prices, stable alt coins on the market today, and as you can say, almost all trading markets in the world, both small and large tradings markets list USDT on their list, so there is no reason for us to say if USDA is an alt coin scam, I think so far there are very rarely negative issues that hit USDT and for investors USDT is still one of the alt coins of choice to save their money in the market.

[Alohadanc3]

Yes. I don't see any reason not to trust usdt. Usdt is a stable coin and it is the most used stable coin in the market. It has a very huge market cap and almost every single exchange support usdt as its main stable coin. I know there are many rumors about usdt in the market. But I never faced any kind of problem using usdt and  I am using it for a very long time. In the market there are lots of option available if you don't want to use usdt you can try other stable coins.

[KimmyF]

USDT trading demat is more than Bitcoin, coinmarketcap still showing us the same result. Every few months USDT supply is increasing because of its demand. I trust USDT to freeze my portfolio, although now the situation is different. We should hold our portfolio in some top altcoins. USDT return money is zero.

[JeotQ]

There is no risk involve using USDT and many top exchanges supports the stable coin, I would choose USDT over DAI because it's well supported on all top exchanges, DAI has less volume and liquidity compare to USDT, If this stablecoin can't be trusted it won't be leading for many years now

[mindrust]

USDT marketcap is right below $20B now. (19. At the start of this year it was $4b. That's x5 jump.

It feels so weird that nobody questions the legitimacy of this pseudo dollar. Not even the US does anything it is like they are letting them print USDT. They don't acknowledge USDT officially and yet they don't ban it neither.

[2tang]

USD Tether is a Bitfinex issued ERC-20 token which is claimed to be backed by dollar at 1:1 ratio. There are controversial opinions about this and some say it's a scam.

Do you trust USDT or believe it might be a scam?

Despite claiming that the Tether token is backed up to the equivalent of 1 USD per token, I am never sure if the usdt developer provides official guarantees so that usdt holders can sue, or to be able to redeem tokens if it is with USD, because I saw on their tether site the sentences : "We do not guarantee the right to be able to exchange Tether for fiat currency". and that means they could get off their hands if something bad happens to the tether price in the market. maybe some people think that usdt is a token that was created as a substitute for usd in digital form and many people feel safe to save their money now in usdt but not for me personally because i see a lot of controversy that has occurred since the initial release of usdt on the market.

[soetikno]

I can't say that USDT is a scam, but currently USDT is still trusted by various communities and exchanges, I think at the moment I still have a little faith in USDT

[MellowD]

The Big Question is: Do I trust USDT more then DAI and USDC? I´m not sure so better I hodl 33% of each one

[meldrio1]

Of course I trust USDT and it is now 6 years old, I don't think it will go scam. USDT is the most popular stable coin and the highest volume of all cryptocurrency so I don't think this USDT will turn to scam. If those people think that USDT will turn to scam someday then they should find other stable coin that can be trusted. For me USDT is the best stable coin.

[BDBitcoinExpart]

I fully trust usdt stable coin. All I trade is on usdt. Because there are more or less usdt coins in almost all markets. usdt coin 3 is running blockchain. And most exchanges use these three types of blockchain. We usually do exchange to exchange and eth blockchain withdraw and transfer. It also protects our capital if the market crushes.

[1l1l11ll1l]

The Big Question is: Do I trust USDT more then DAI and USDC? I´m not sure so better I hodl 33% of each one

Because all of them are stablecoins, so it is better to diversify. but it would be different if we only had a few, lol. In my opinion, USDT is still the best stablecoins at the moment, despite the many issues that are not clear

[safari88]

i'm not really sure if i could trust the USDT but so far it was doing well even though i'm not quite sure how it was backed up or any other information but so far it was used by most of the exchange as a stable coin but i didn't hold any USDT for a long time.

[3meek]

I don't think about the trust to USDT... But it is very convenient to use it on different exchanges... Especially USDT TRC20, because it has minimal commission for transfers, and on Binance there is no commission at all!