Do you trust USDT?

[CashbackLover]

I trust USDT more than any other stable coin, regulations is present and atleast someone can be hold responsible if anything goes wrong, even Top exchanges will join the hunt because every God damn exchanges in crypto space supports this stable coin

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[CashbackLover]

Some are saying SEC can go after USDT later, yes it's possible but even now that SEC is on XRP I don't see any bad impact affecting the project yet, some weak hands sold their XRP no avoid getting caught in the wave but are now regretting because XRP recovers pretty faster than expected

[fahmimajannat]

For now i don’t.
Cause many rumors have cam out about usdt in recent past.
But at first i trusted it even more than eth. Because its the only stable coin to keep safe your money.
But nowadays because of spreading rumors seriously  for me it’s quite unsafe for now.

[KiserHoff]

I've seen a lot of accusations against them, so I can't completely trust them. I use several stable coins to store my funds, usdc, dai etc

[Mighty_crypt]

If you can do research on USDT past you will know why even top exchanges trust this stable coin, I don't see anything wrong with trusting the stable coin, all I can say is don't store huge amount of money in USDT, the only thing i don't like about USDT is the access they have over users fund, they can freeze USDT anytime

[Roidz]

I personally really believe in USDT as an alternative to secure the money that I have when the crypto price drops in the market, because the price is quite stable, of course it will not be too detrimental for us when market prices are volatile, as one of the digital currencies that was created as a for fiat money substitutes, of course usdt has many advantages compared to other stable altcoins, to be honest, personally, i really trust usdt nowadays.

[MishaSER]

If you can do research on USDT past you will know why even top exchanges trust this stable coin, I don't see anything wrong with trusting the stable coin, all I can say is don't store huge amount of money in USDT, the only thing i don't like about USDT is the access they have over users fund, they can freeze USDT anytime

At the same time, you say look at the top exchanges trust USDT. But if you look at what happened in the past, we know that there were scandals here is an article where it is said about Tether's connection with Bitfinex and manipulation with the market https://coingeek.com/crypto-crime-cartel-the-end-is-nigh-for-tether/

[hulla]

I personally really believe in USDT as an alternative to secure the money that I have when the crypto price drops in the market, because the price is quite stable, of course it will not be too detrimental for us when market prices are volatile, as one of the digital currencies that was created as a for fiat money substitutes, of course usdt has many advantages compared to other stable altcoins, to be honest, personally, i really trust usdt nowadays.

We are to live and view our world base on crypto every stablecoins that's backed by fiat currency shouldn't be trusted because the failed system of fiat in terms of inflation was the reason why cryptocurrency was introduced by Satoshi then.

Having said that, USDT just gained the highest usage in the stablecoin market cause it was the first stablecoin to be created but if we talk about how the team involves operate and mint new token USDT shouldn't be trusted.

[reza7777]

USDT for me is not an investment but only as a way to secure the assets that I have, so it's not a big problem for me, but for the past 6 years USDT is still safe and doesn't look a scam

[mianvicky1]

Nothing can be said about any project. It is not possible to say when a project will do a scam. But the USDT is a good project, And I think it will go a long way with us.

[ARNishad_45]

Currently as the market news are not in the favour of USDT, there is a transparency issue, and a case is running on USDT after the result we will what we have to do?

But until the result, i trust it but i'm also divided my funds in some other stable coins..

[Bitcoin577]

I believe 80% on usdt. It is erc 20 based token and a stable coin. There is very low chance of scam because its handle by a very smart contract. But as we know it is cryptocurrency and there may be s chance of scam so better idea is to use different stable coins.
I generally use it when price up of btc and tgen when price down i exchange it to btc

[Claudio99]

USDT does it's job pretty well so I don't see any reason for the so much hate, instead of swapping your crypto to Fiat when you are not really in need of FIAT usdt can do the job for you pretty smoothly, also if almost all top popular crypto exchanges can trust USDT why not me? I haven't seen any strong exchanges trading pairs that won't use USDT automatically

[Adya]

i think that there is no one who believes 100% in usdt or any other crypto. but it comfortable when price shaking up and down and you do not know what do you want at this moment. when you just want to hold without losses. and usdt good when you want to transfer your money through trc20.

[PerfectCircle]

I've seen a lot of accusations against them, so I can't completely trust them. I use several stable coins to store my funds, usdc, dai etc

indeed it is better to use several stable coins instead of using only 1, because we will not know where their fate will be in the future, but it would be nice if you want to invest not in stable coins, usually I only use stable coins to secure assets only

Use stable coins to secure your assets for a very short time only because anything can happen, USDT and few other stable coins are more useful to crypto traders, also USDT is now more bigger and better and some thinks the stable coin can collapse, well I don't believe so but precautions is better than cure

[Darktongue]

USDT for me is not an investment but only as a way to secure the assets that I have, so it's not a big problem for me, but for the past 6 years USDT is still safe and doesn't look a scam

Why we won't trust USDT when it has low cost than Ethereum or other blockchain cost. The main reason I trust this coin is for volume. I think now USDT must be out of topics because we're in the bull market. After this year we can focus on some stable coin like BUSD or DAI coins.

[scottsanderman12]

USDT for me is not an investment but only as a way to secure the assets that I have, so it's not a big problem for me, but for the past 6 years USDT is still safe and doesn't look a scam

Why we won't trust USDT when it has low cost than Ethereum or other blockchain cost. The main reason I trust this coin is for volume. I think now USDT must be out of topics because we're in the bull market. After this year we can focus on some stable coin like BUSD or DAI coins.

USDT is only stablecoin, but this is bridge with cryptoworld.

[CryptoLogo]

I was told that 17.01 is the date when the Bitfinex hearing is scheduled, however I could not find any information on this matter, and probably the hearing is already over. Can anyone give me info?
In any case, if everything went unchanged, we can see that this did not affect the kirpto market in any way. Personally, it seems to me that in the case of the USDT scam, other stablecoins will easily fall into the free space.

[Rehan Zakir]

Until now USDT is still widely used and trusted by people and one of the most popular tokens, but I think this is an old issue. It never hurts to be careful, I personally use USDT when other options are not available

You are saying right. USDT is issued by a Hong Kong based company "Tether". USDT is the world third biggest coin according to the market capitalization. It's market cap is 2.4B Dollars. So, its market capitalization indicates its importance in the crypto market. USDT works on the Ethereum, EOS, TRON, Algorand and OMG blockchains.

[GreekCoiner]

USDT is very liquid so many traders prefer to trade against USDT rather than USD or BTC. Even if they aren't 100% backed with real USD, they still can back the 80%+ of their minted tokens which is really great. better than a bank.