Do you trust USDT?

[CryptoTrip]

I use this coin all the time. Yes, its not decentralized and can block movement at any time, but it is precisely this that determines the value of other cryptocurrencies.In my portfolio usdt takes 80%

[elvismicc]

I trust USDT so much, I barely lose trade because of usdt I started trading crypto since 2017 and uptill date I can tell you that have not lost much to bare market meanwhile there are some alts that I think tried to be stable at when the market is red $BLZ is one of them so most times I switch between usdt and BLZ and it works well for me.

[Fredomago]

I think there is no problem with USDT, considering the rate is the same as the US dollar exchange rate 1:1. Moreover, all this time I prefer to trade with the USDT pair when the price of bitcoin is still uncertain until now.

You can use it as this purpose, especially when the fluctuation is really high.

The fact that it's valued as 1:1 with US dollar it's good to see that after the day of trading you can keep your assets as USDT then coming next day for another sets of trades.

You just need to know how to work with it and take the advantages that it brings out to your trading business.

[HEIDICOIN]

If you believe that the US department of Justice won't target this token, then I have a bridge to sell you really cheap.  Get out of US dollar based assets as fast as you can, because the underlying worth in only "in God we Trust"......look....would you own a stock that was being diluted daily by printing new shares?

[Coroline]

If you believe that the US department of Justice won't target this token, then I have a bridge to sell you really cheap.  Get out of US dollar based assets as fast as you can, because the underlying worth in only "in God we Trust"......look....would you own a stock that was being diluted daily by printing new shares?

But we live in a world where paper money is printed every day. They easily make money and we have to work hard to earn money to eat. We are governed by a government driven by a large group of organizations whose purpose we do not know.
USDT may be used for now, but it may not be used at another time. Many major events occur in the crypto world which are still in development stages.

[iTradeChips]

An answer to the question that we are all asking for is a resounding yes. There is no reason to doubt USDT. Among many stable coins in the market, USDT is the most used stable coin and is widely used by many in the cryptocurrency industry.  Most of the exchanges has this as an asset in their exchange and most people use this coin for many crypto related purposes. USDT is the most used stable coin by many of these exchanges and I have friends who has no issues with the said coin.

[sangjoewara]

If you believe that the US department of Justice won't target this token, then I have a bridge to sell you really cheap.  Get out of US dollar based assets as fast as you can, because the underlying worth in only "in God we Trust"......look....would you own a stock that was being diluted daily by printing new shares?

Previously, I would like to congratulate you on joining this forum for you, if we return to the discussion about the title of this topic, which is about Dollar tokens, which are USDT tokens which are already known as stable tokens whose prices correspond to real currency values on the basis of US dollars , because what I have seen so far the US Dollar is still the strongest if we compare it to other dollar currencies in the world, so automatically people will have more confidence in the USDT token and it has nothing to do with the stocks that you say.

[Benefactor]

As I would like to think, USDT isn't totally dependable on the grounds that we can't confirm the all out gracefully of fiat cash that back USDT. Notwithstanding, as long as USDT gives benefits and have great inputs. I have been utilizing USDT as a benefit, which fills in as a moderate connection between the bank and the cryptographic money for me, just as when market pointers decay.

[Cadaver20]

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

I trust USDT. USDT is becoming more popular day by day. A few days ago, when I was exchanging tokens in any exchange, I would get a pair with BTC or ETH. But now I see that if a token has only one pair, then it is USDT. I think this is because of its trustiness.So, i trust USDT.

[Alohadanc3]

Yes I do. I didn't find any reason to not trust usdt. At this moment usdt is the most popular and most used stable coin available in the market. And it has a huge market cap. I know there are many fud about usdt. But still it holds no3 or 4 in marketcap. Cause most of the people use it and most of the big to small exchange use it as the main stable coin. I have no problem using usdt. But if you don't like it or have any problem using it. Then I would say try other stab coins. Cause there are a lots of alternative available. You can chose one or many of them as your wish.

[BDBitcoinExpart]

It is not right to believe in any coin in cryptocurrency.  Yet USDT coin is enough to believe.  Its price is always in line with USD.

[emrecemsan]

Based on my past experience, any stable coins cannot be reliable because they all have a manager. At one time, the value of usdt had dropped to $ 0.9. I think that even it gives us enough reason not to trust usdt.

[donsiemen]

As for me, i don't trust usdt considering it is pegged at 1:1 to the US dollar, no fixed supply, i wouldn't keep my assets in usdt for long time, but for short time, yes only when you're a day trader

[escalante28]

USDT is the most common and most usable stable coin now among traders and investors. And the worth with the ratio of USDT and USD is 1:1 it is more stable than other stable coins in cryptocurrency. For now we need to trust USDT because it is most traders choice on most exchanges when it comes to a stable currency.

[Maxstl007]

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?

UDST is far from scam, many may not trust because it's centralized but it's one of the best and most popular stable coin in crypto world today, it has the best volume and it's well supported on both big and small exchanges, I've been holding few USDT for years and no problem for once.  You can only run into problem if you are into fraudulent activities.

[Maxstl007]

Based on my past experience, any stable coins cannot be reliable because they all have a manager. At one time, the value of usdt had dropped to $ 0.9. I think that even it gives us enough reason not to trust usdt.

I've never seen USDT going down past 0.9$ before, what more can you ask for? Even Fiats drops in value, dollar lose values too, it works perfectly just like how FIAT works, even other decentralized stable coins do drop in value too, BUSD, USDC and DAI are good examples, at one point you will see them losing 0.1% value, this is normal

[anume123]

Usdt is also a legit like either so its not a problem to buy because it is listed many types of exchanged almost you can see usdt, no problem if you can explore it and learn about it. It's been to long for this Kind of crypto have been.

[odukoyaewatomi27]

Personally I trust USDT very much because it has been very useful for me. Most times after a sell my altcoins and i want to preserve the value, I convert them to the money to USDT so that the value doesn't reduce. I do this to take advantage to the dump in the market, then i buy back my altcoins when their value is at the lowest.

[XCANA]

Based on my past experience, any stable coins cannot be reliable because they all have a manager. At one time, the value of usdt had dropped to $ 0.9. I think that even it gives us enough reason not to trust usdt.

I won't personally trust any stablecoins too, because of their highly centralization, they're be control by thugs. Some individuals have not come to that point  when their coins get frozen by these stablecoins owners, imagine my coins got frozen some years back because of me not adhering to their rules concerns with my privacy. Don't trust what the government has power over but investment into a decentralized coin will be the very best for myself.

[Sebas.tian]

USDT is Stable coin.  The USDT follows the USD in a way.  However, the crypt often runs through the controller.  So anything good or bad, can happen at any time.

USDT is a stableccoin and shouldn't be trusted by community forum members who see this coin as a good type. This coin has been in the dark with so many question about the rightful owners of this technology because it's peg name with the United States fiat currency. Don't put all your savings into investing in this technology, because it might disappoint it holders when the appropriate time come for the US  to act.