USDT are safeheaven

[cryptoboss2020]

USDT are safe heaven.
Its stable and Main Reason are its not a dollar.
So anything happens with USA dollar You got USDT You safe.
Usdc works too.
So I guess first cbdc approved currency Will be USDT. 

[BrewMaster]

no it is not.

anything happening to "USA dollar" means anything happening to USA while anything happening to USDT means something happening to the small company that keeps printing it and is already under pressure from the government and can be easily shut down.

you should be crazy to think stable coins are better than fiat USD!

[cryptoboss2020]

no it is not.

anything happening to "USA dollar" means anything happening to USA while anything happening to USDT means something happening to the small company that keeps printing it and is already under pressure from the government and can be easily shut down.

you should be crazy to think stable coins are better than fiat USD!

The ethereum is safe . And USDT are on ethereum.
Proof me You are correct? 

[bolawin]

i prefer busd than usdt and earn 25% apy

[Bitstar_coin]

Especially when the market is going down like this, usdt or any other stable at that time always come to the rescue, and can be seen as safe heaven, right now I have most of my funds in usdt and I can rest easily while watching the market continues to crash, it is stable coin so it gives stability.

[zasad@]

read my article
Stablecoins and Blacklists
https://bitcointalk.org/index.php?topic=5247581

Here's the latest statistics to date.
https://duneanalytics.com/phabc/usdt---banned-addresses
We see new Banned Addresses every week
I only hold stablecoins in DAI. USDT still has no audit

[milani]

Yes, there were some nuances in the USDT and the situation some day may be unpredictable. By the way like with all existing coins or tokens. There is no guarantee at all. Personally I use USDT from time to time, but I would not be so sure in it and would not choose USDT for holding big amounts and for a long time for example.

[Johnyz]

USDT are safe heaven.
Its stable and Main Reason are its not a dollar.
So anything happens with USA dollar You got USDT You safe.
Usdc works too.
So I guess first cbdc approved currency Will be USDT. 

There’s no major crash yet with the USA Dollar so its hard to say that USDT is the safe haven for us, the worst time will come and only time can tell the effect of that into cryptomarket because I believe stable coin will still be moved if the market turns into a nightmare. I’m not being negative here, I just don’t want to believe on any Safe haven because even Bitcoin move unexpectedly.

[7788bitcoin]

USDT are safe heaven.
Its stable and Main Reason are its not a dollar.
So anything happens with USA dollar You got USDT You safe.

If you are aware of their struggles and the legal troubles you will not even start this topic as USDT is not a safe heaven and i wont be surprised if it disappears due to legal troubles in the next few years  . If anything happens to US dollars any stable currency that pegged the dollars will be having a hard time and it will have a affect the entire cryptocurrency circus .

[shinratensei_]

USDT are safe heaven.
Its stable and Main Reason are its not a dollar.
So anything happens with USA dollar You got USDT You safe.
Usdc works too.
So I guess first cbdc approved currency Will be USDT. 

USA dollar = USDT, there's no reason to call it being different than USA dollar caused by it already tokenized. CBDC will be different than USDT consider it will be issued by the central bank or something like that.
USDT already issued by an entity that doesn't have an official partnership with the central bank.
USDT will not be approved to be CBDC dude.

[TravelMug]

USDT are safe heaven.
Its stable and Main Reason are its not a dollar.
So anything happens with USA dollar You got USDT You safe.
Usdc works too.
So I guess first cbdc approved currency Will be USDT. 

I wouldn't say that it is a safe haven, maybe a good hedge against crypto volatility and I think this is what stable coins are and will always be.

CBCD will not be USDT, as CBCD is obviously back up by government and USDT is running on fractional reserves, unless they truly are running on 1:1, but I don't believed on that one.

[Anonylz]

USDT are safe heaven.
Its stable and Main Reason are its not a dollar.
So anything happens with USA dollar You got USDT You safe.

If you are aware of their struggles and the legal troubles you will not even start this topic as USDT is not a safe heaven and i wont be surprised if it disappears due to legal troubles in the next few years  . If anything happens to US dollars any stable currency that pegged the dollars will be having a hard time and it will have a affect the entire cryptocurrency circus .

What could happen to US dollar? I understand your uneasiness towards usdt but thinking something happening to usd is highly unlikely, except of course they have other means of transaction and don't bother thinking btc because you and I know that may never happen,
This issue with usdt has been around for long and could possibly linger on for even longer time, despite so it seem to be the most used stablecoin,  and good thing is there are other alternatives, (the ones with less or no baggage) I think the point of the OP is stablecoin in general and not just specifically usdt.

[hd49728]

USDT are safe heaven.
Its stable and Main Reason are its not a dollar.
So anything happens with USA dollar You got USDT You safe.
Usdc works too.
So I guess first cbdc approved currency Will be USDT. 

USDT is pegged with US dollar in value and any bad things happen with US dollar will cause the value of USDT changed a lot. You won't be safe with USDT if US dollar is in troubles.

USDT can get troubles with goverments if they file law suits to Tether company.

That stable coin gives you convenience to move your money and to trade but it is not a safe heaven. If you ask me that I would trust in the US government or trust Tether company, I will trust the government and their CBDC, the US dollar.

[Ararbermas]

Yes its a safe heaven because of being so stable than other fiat in the market.. and infact mostly traders here always relying in it, especially when there's fluctuation or some sort of  issue within the market that can really cause the growth rate to keep crashing . And those who gaining quick profits "daily trading" is the one who keep using it in there daily basis.. Which is a big help tbh and very safe place to skip the volatility base also in my experience..

[Jackl87]

USDT are safe heaven.
Its stable and Main Reason are its not a dollar.
So anything happens with USA dollar You got USDT You safe.
Usdc works too.
So I guess first cbdc approved currency Will be USDT. 

Don't be to careless with your USDT though because Tether is always surrounded by this rumours or concerns that since 2 years or so not every UDST that they are printing is covered by a real USD anymore.
In 2019 they switched their statement from "every UDST printed is covered 1:1 by real USD" to "we have enough reserves to cover all of the USDT.
But they did not show a proof yet of these reserves.
So many think that for example USDC is safer than USDT because it belongs to a big exchange which is regularly audited and checked.

[cryptoaddictchie]

USDT are safe heaven.
Its stable and Main Reason are its not a dollar.
So anything happens with USA dollar You got USDT You safe.
Usdc works too.
So I guess first cbdc approved currency Will be USDT. 

Nope its not. For all you knew its just got an issue few weeks ago, and it doesn't mean that usdt is the equivalent of usd in real fiat. Its just a representation of crypto fiat in the blockchain and its owned by a private firm which have case that has been only negotiated with a fine means this is not yet safe. Im more inclined to use the usdc instead of this one as to be more safer.

[GreatArkansas]

(....)
you should be crazy to think stable coins are better than fiat USD!

The ethereum is safe . And USDT are on ethereum.
Proof me You are correct? 

But most of these stablecoins especially USDT are backed with the USD dollar, or it is pegged 1USD: 1USDT.
If you will check their website, and you can check it here https://tether.to/why-use-tether/, "Store, send and receive 1-to-1 pegged digital currency across exchanges, platforms, and wallets."
You will mint USDT if you want to convert your USD, and the USDT will be now backed.

[danherbias07]

That's a very bad imagination.
Me? I'll try keeping more USD rather than stablecoins.
There is always a part of me that doubts them. Sure, they can be used in everyday trading but as a "safe heaven?" which I think you are referring to as good investment. No, I won't go that far into keeping that for a long time.
I just don't want to end up losing everything. I'd rather lose just a part of my investment thru Bitcoin or other trustworthy alts.

[Rruchi man]

USDT are safe heaven.

I found an article online that suggest otherwise, that is "USDT's are not as safe as we think" . In this article, it is summarised that there are uncertainties to the claims that $1 USDT is backed up by $1 USD.


Read more here, I am certain your disposition will change
source

[nicecrypto]

USDT are safe heaven.

I found an article online that suggest otherwise, that is "USDT's are not as safe as we think" . In this article, it is summarised that there are uncertainties to the claims that $1 USDT is backed up by $1 USD.


Read more here, I am certain your disposition will change
source

Regardless, for now USDT and any other stable coin are what we still result to when we have to secure our funds during any cryptocurrency transaction during the down trend of market price except where the exchanges we trade in have provision for trading with your local currencies which is also good but the problem in not having many alt pairs with your local currency and we still have to trade those pairs to any of the stable coins.