what do you think about USDT?

[rencong bitcoin]

for me USDT is a very sensational coin, a coin that does not fluctuate and is always stable in price, this has also aroused the interest of traders and investors not to hesitate about the coin, so that we can see for ourselves the amount of volume of USDT is very large.

[awakpane]

In my opinion, the difference between USDT and USD lies in the regulations and policies that underlie them. If USD is regulated from direct regulation by the Federal Reserve in the United States, USDT enters into a cryptocurrency created by the company Tether Limited. It is true that USDT has no contractual rights, legal claims, or guarantees against losses like ordinary US dollars. However, USDT is a crypto currency that can be used as a transaction tool to buy coins and other tokens.

[leea-1334]

whats the catch ? printing usd is restricted and they cant just print and print so why are you worrying . that can happen the same on usdt they cant also create or mint lots of usdt but they can only produce depending on the demand of those who convert thier crypto to usdt . about the price its not bothering at all because usd dont dump heavy

Some coins it is easier to see the catch than others and USDT has been one of the most obvious in all the history of altcoins. A company that prints it. That does not prove their audits. That keeps getting in trouble with the law because they try to play both sides of crypto and business.

And finally,,, all the dumping and manipulation. But still we use it!

[Arkann]

whats the catch ? printing usd is restricted and they cant just print and print so why are you worrying . that can happen the same on usdt they cant also create or mint lots of usdt but they can only produce depending on the demand of those who convert thier crypto to usdt . about the price its not bothering at all because usd dont dump heavy

Some coins it is easier to see the catch than others and USDT has been one of the most obvious in all the history of altcoins. A company that prints it. That does not prove their audits. That keeps getting in trouble with the law because they try to play both sides of crypto and business.

And finally,,, all the dumping and manipulation. But still we use it!

Many of us have a huge distrust of USDT, because many questions constantly arise and certain factors cause concern for us, but I am sure that if we did not have a certain amount of confidence in Tether, then we would not use this altcoin for rescue in time for the market fall.

[Kupid002]

for me USDT is a very sensational coin, a coin that does not fluctuate and is always stable in price, this has also aroused the interest of traders and investors not to hesitate about the coin, so that we can see for ourselves the amount of volume of USDT is very large.

A good coin to have if you want to secured your profit in fixed rate . Many people will lost their money if the usdt or other stable coins is not born . It's hard for other to transfer a large portion of funds directly to their bank that's why stable coins make . To make it easier for other and traders to secured their gain without using bank account to transfer it in case they want to secured their gain.

[JeffBrad12]

for me USDT is a very sensational coin, a coin that does not fluctuate and is always stable in price, this has also aroused the interest of traders and investors not to hesitate about the coin, so that we can see for ourselves the amount of volume of USDT is very large.

Sensational for what? that's what we have called that stable coin. it's backed by stable currency. The investors and traders are always using USDT as their main choice to keep their asset become stable and avoid volatility.
USDT has some advantages compared with another stable coin especially for its daily volume that's surpassed another coin.
So far USDT can still be trusted by anyone to be used for various purposes.

[Psynthax]

It seems majority of people don't even care about it though, although so many rumours going around about USDT printing this coin like there's no tomorrow but as we can see it's the biggest stablecoin and most used one.

my guess is USDT just gonna stay strong as ever until it's proven that their pegged money isn't 1:1 in ratio to their USDT otherwise it's just merely a rumour with no reasoning at all. Not to mention that the excahnges which accept USDT not just sitting around when they heard about such rumour. They must've made some investigation.

[Mata Kripto]

In my opinion, the USDT coin is a stable coin and can keep its value in the market the USDT coin ratio is almost the same as USD dollar. So, in my opinion, investing in USDT man can minimize the risk of loss. but it is more suitable for the long term if you use USDT.

[goddess116]

In terms of the development situation of USDT over this years，USDT has done a good job of fulfilling its role in the cryptocurrency market，but i dont like its centralized，wish One day there will be a decentralized currency to replace it.

[imstillthebest]

thanks for the info op . thats scary, this can be the reason why people talk negative on stable coins and i dont understand why they did that but this statement of yours opened my eyes on the reality of stable coins .
if not this i will be planning to trade my crypto in stable coins but after knowing that value of stable coins can also drop and became useless because of too much printing , this make me keep distance to them .
and one more thing is the risk of my coins being blocked . gee , i dont want that all to happen and id better endure the volatile effects of holding my cryptos

[cassavachips]

I still trust him to trade pairs and hold some funds on the exchange. Even though currently there are many who raise the issue that once made the USDT go down quite significantly but for me it doesn't matter.

On coinmarketcap, where I looked for references, I also explained quite a lot about USDT and what has happened so far. USDT is already being used by a lot of people and is like a mandatory stable coin on an exchange, so I don't think they will just do anything stupid.

[South Park]

USDT is one of the stable coins that has a stable price using the original USD underlying, but did you know that USD currency can be printed arbitrarily without an underlying different from IDR or rupiah printed based on gold underlying
 in other words USDT can also print coins at will like USD can USDT be trusted?  without the underlying USD, which becomes the underlying of USDT, it could experience a sudden drop in price, in other words if the USD is problematic, it will also affect the USDT price.
 what do you think about this?

USDT being a centralized coin has all the underlying problems of centralized coins, governments have gained over and over again through history the trust of the people to manage the money supply and do so in a responsible manner, and each one of them have failed, and USDT will be no exception, they promised that for each USDT in circulation they will have a dollar on reserve and help the market get liquidity this way and we know this is not true, so eventually they will print more money than what they can manage and the coin will crash as all fiat currencies have done before it.

[Kezacky]

Crypto world is full of volatility, USDT pair is the safe ground and way of securing profit.
I think USDT is fairly important especially to small traders like me.

yes, USDT is a stable and safe coin. on the other hand, it has a selling value that is almost like a dollar currency. Usually crypto traders use the stable USDT coin as a trading coin pair because of its significant value at the price of $ 0.9 - $ 1.

[Jamesdila1]

I think that USDT cryptocurrency is controversial for failing to provide for the public a promising audit backing their reserve and especially the rumours accusing tether of market manipulation

[Jamesdila1]

I hate to say it but the high volume is the key factor leading people to buy the stablecoin. I personally use it
But with the emergence of many other stablecoins like usdc the dominance of USDT dropped to 80%
Are we witnessing an end of an era?

[isaac_clarke22]

It's our cover when storm of correction happens.I never fully got used to USDT because I didn't last that long to trading anyway.
It's simply a stable coin, opposite of Bitcoin that's why people tend to put their profits to USDT so that fluctuations could be avoided.

[davinchi]

I just hope nobody gets screwed over because of this. I do not like centralized things that are based on centralized organizations. Today tether only has a value because tether company says so, and that's it. The day when tether says "from now on we are not backing usdt anymore, we are cutting all our ties with it" or simply put just exit scam it, usdt suddenly will worth one cent or even less and we are going to end up losing sooooo much money, over 10 billion dollars gone in a single day.

Now I understand you may say why would they do that, but how do you know they won? Since all of this is possible, I hate usdt and would like to never use it. I sometimes use it to move money around but I would like to change it to DAI very soon hopefully because it is fully decentralized.

[AssociatesBumble579]

Tether is a tail of USD. I have seen many more times tether and USD are going collateral in coincap market. This crypto always been declared as a stable coin. So, it's not a abnormal affair if USD is problematic then tether also be in problematic. That's mean USD and USDT each other complementary at all and they will affect by this types inconvenient.

[rahmatullah9305]

Yes,your post is so positive. I am agree with your post.Thank you so much for you information.

If you just wanted to say thank you, I think there are many other posts that are better and deserve more thanks for them, but when it comes to discussions in forums, people want good advice and direction for them more, not just just thanks.

[nrvasquez]

Tether is a tail of USD. I have seen many more times tether and USD are going collateral in coincap market. This crypto always been declared as a stable coin. So, it's not a abnormal affair if USD is problematic then tether also be in problematic. That's mean USD and USDT each other complementary at all and they will affect by this types inconvenient.

Not a complementary, USDT is indeed backed by USD. therefore they are called stablecoins. Currently USDT is the strongest and probably the best stablecoins with the most usage and volume. even currently occupying the number 3 position shifting XRP which is having problems with the SEC