USDT keeps getting better

[deathcode]

The benefits of usdt holders are increasingly expanding and dominating a lot of crypto, usdt is flying so that it can reduce high gas by exchanging it on usdt, usdt also expands the platform network so that it has good shipping for the future

You are right. Since there are now more options for networks available, I believe there is no reason to doubt USDT. last I heard of their newest network on the polka dot chain. innovation with a better choice due to the cost issues of the ethereum network.

[TastyChillySauce00]

I'm still confused why someone hates USDT. This is a stablecoin and this is the most used stable coin in exchanges. So, I personally don't mind enough about this, as long as we can still use it, why not?
And moreover sometimes I can take profits from converting USDT to my local currency 

Some rumour going around about how they could print USDT so fast it grows the stablecoin's market capital into top 5 coin with highest market cap, I mean, USDT is owned by private company and it makes sense that people would be curious or even doubtful but now they have published their proof of funds I guess that could answer all the doubt. But at this point, I doubt a company like tether gonna make cheap move like exit scam because they simply too famous to do that and it's just gonna ruin their reputation that they have been building since years like that. I could assume that most of the popular stablecoins are safe to use.

[distr@yopmail.com]

The benefits of usdt holders are increasingly expanding and dominating a lot of crypto, usdt is flying so that it can reduce high gas by exchanging it on usdt, usdt also expands the platform network so that it has good shipping for the future

You are right. Since there are now more options for networks available, I believe there is no reason to doubt USDT. last I heard of their newest network on the polka dot chain. innovation with a better choice due to the cost issues of the ethereum network.

Some of those who doubt are people having transaction fee problems. although many are registered on several networks. but not all exchanges also support some existing networks.
most of them are still on the ERC and TRC networks.

[haidil]

One reason is enough to hate USDT which is centralization because they are in the complete control over the coins and they keep minting tokens from nowhere which means the coin is highly inflated.

It is true that at first glance they are in full control and this is certainly not good. if the usdt could mint the coins they wanted it wouldn't be good

[kak uli]

USDT is getting more expansion by going on polkadot chain and kusama combined, this means USDT isn't playing around, I know not everyone likes USDT but what could go wrong on here? It's still the best stable coin I've known till date,  don't mind me if you are USDT hater   , read the full news below

https://www.theblockcrypto.com/post/100614/tether-usdt-stablecoin-polkadot-kusama

I don't think it's a matter of hating USDT, but the token always looks stable with movements that slightly touch high prices. usdt is a good token but the token price is always normal.

[tarable]

Whatever extra they prints shouldn't affect anybody, USDT works for whatever reason it was built to work for and that's to pegg USD, as far as my 1$ remains 1$ I'm fine with whatever updates they pull off, this is the best stablecoin coin so far I believe

Yes, because the stable coin is the benchmark price will always remain even though there is a slight decline and increase in USDT, it is also followed by the USD currency in general so that the price can be fixed and will not harm those who hold it.

[zasad@]

USDT - Number of Banned Addresses: 390 Banned Addresses
https://duneanalytics.com/phabc/usdt---banned-addresses
Check out these statistics before storing USDT tokens.
The company has no published audit.
They block tokens without explanation.
It is the most popular stablecoin, but caution should be exercised

[bitkanu]

USDT - Number of Banned Addresses: 390 Banned Addresses
https://duneanalytics.com/phabc/usdt---banned-addresses
Check out these statistics before storing USDT tokens.
The company has no published audit.
They block tokens without explanation.
It is the most popular stablecoin, but caution should be exercised

I do believe the majority of those addresses were coming from scammers or hackers. We know that so well if the hackers will always try to spread its hacked amounts and that is increasing the possibility there would be some addresses that related to the 1 hacker.

[Anonylz]

USDT is getting more expansion by going on polkadot chain and kusama combined, this means USDT isn't playing around, I know not everyone likes USDT but what could go wrong on here? It's still the best stable coin I've known till date,   don't mind me if you are USDT hater   , read the full news below

https://www.theblockcrypto.com/post/100614/tether-usdt-stablecoin-polkadot-kusama

Actually nothing special even they loss their case on sec last time. There are plenty of other choices for stablecoin. The only thing that keeps usdt growing is community already used to them as being used as primarily main stablecoin on majority of exchanges.

I don't take it negatively that they will expand on polkadot and kusama network cause its a good thing that they will also have own stablecoin on a new ecosystem.

Community backing is what give any project a strong hold and real support,  usdt has that Community backing and support,  even with the many other stable coin options out there, majority often opt for USDT regardless of what controversy is surrounding the project,
Am glad to see them expanding to more blockchain, it gives opportunity for more usage and even a much bigger support from this community,  my hope is for usdt to sort their loopholes or shortcomings and be transparent about their dealings.

[Rampagoe004]

Since a long time ago usdt we can rely on to hold a stable coin, especially now usdt has expanded its platfrom network with DOT and I believe when the market is experiencing a dump then usdt is the choice to secure our assets and now increasingly confident with the coin, and at this time those who do not like the usdt should be aware that the coin is worth using as a stable coin.

[dezoel]

USDT is getting more expansion by going on polkadot chain and kusama combined, this means USDT isn't playing around, I know not everyone likes USDT but what could go wrong on here? It's still the best stable coin I've known till date,   don't mind me if you are USDT hater   , read the full news below

I am not a USDT hater but I am honestly afraid of its reserve back ups.

We know USDT is already available on almost all platforms like we already have ETH/TRX/BNB versions and hence getting into polkadot and other new smart contract supporting platform is not a surprising move in my opinion.

I agree USDT is stable but I am seeing all others like BUSD, GUSD and DIA also doing great. Every other stable coins also performing up to the level best to keep their value around $1 at any instance of time (there could be minor fluctuations of one or two cents up or down and we can ignore that).

I do not agree that just because of adopting new platform, if you say USDT is getting better then that must be a pure shilling. I just need proper auditing for their reserves so that we could trust them without any hesitations.

[Bitstar_coin]

Unarguably usdt is the most used stablecoin in the market, I have really enjoyed the trc20 usdt service,  seeing this news makes me excited, usdt in polkadot blockchain will be a big plus to their already verse user base, this is definitely a good moves by the usdt team.

[revilo]

One reason is enough to hate USDT which is centralization because they are in the complete control over the coins and they keep minting tokens from nowhere which means the coin is highly inflated.

that's one good reason but not to hate, USDT being centralized has it's own benefits.
And besides it is one of the most used stable coin in all of the exchanges that existed especially on Binance, I always use USDT as a pair to alts as I find it much better than using BTC or ETH.

Well, a centralized stable coin can mean a lot of trouble if a government decided to intervene for whatever reason. And also there are people who could let the system collapse within a blink of an eye. Is USDT feasible these days despite the high fees?

Does Tether still offer a version that is not ETH based?

[lxiaoh]

Yes, i like it, i like USDT. I can sell my coin and as USDT hold a period of time. We all know that the price of cryptos can fluctuate wildly,  USDT can solve this problem. And when the time i need money, i can sell USDT.

[cryptoaddictchie]

my hope is for usdt to sort their loopholes or shortcomings and be transparent about their dealings.

I think they already sort it out I guess. They paid some fine probably just like xrp did but come one this one is so easy provided they are printing a lots of usdt. The announcement or rumors on kusama and dot blockchain is one of the biggest positive news for tether. Maybe some will change their view about it eve though a little.

[nebuch]

Although not much increase like x10, USDT is good for short trading. The +5% increase is enough profit. Also it is safe not so much volatile to dump to the bottom. To be honest I also like usdt. Unfortunately, I don't have much because I sold and withdraw my usdt last couple of days. That day we were in great need, no other choice than to sold.

[Koro-Sensei]

Being one of the most renowned currency up to date, USDT established its name as one of the best out there. It's expansion on other network means better service and more options for all of us with lesser fee's I guess.

[rodskee]

USDT is getting more expansion by going on polkadot chain and kusama combined, this means USDT isn't playing around, I know not everyone likes USDT but what could go wrong on here? It's still the best stable coin I've known till date,  don't mind me if you are USDT hater   , read the full news below

https://www.theblockcrypto.com/post/100614/tether-usdt-stablecoin-polkadot-kusama

USDT is what I am facing now and guess what ? my timing is perfect because i had converted my Bitcoin to USDT at 62k level and yeah Now the price drops to 54k now and continue falling down now.

Being one of the most renowned currency up to date, USDT established its name as one of the best out there. It's expansion on other network means better service and more options for all of us with lesser fee's I guess.

USDT is perfect as protection and yes , i must admit from being a Hater of USDT now i may say this save my investment .

because i Do believe in Holding but  i also believe in Buying and selling at the same time.

[leea-1334]

my hope is for usdt to sort their loopholes or shortcomings and be transparent about their dealings.

I think they already sort it out I guess. They paid some fine probably just like xrp did but come one this one is so easy provided they are printing a lots of usdt. The announcement or rumors on kusama and dot blockchain is one of the biggest positive news for tether. Maybe some will change their view about it eve though a little.

I would never hold my breath for these things. Tether is highly centralized and they would never want to change the way they do things. Especially not if they could be found guilty of manipulation and cheating and yet only get away with a fine of a few millions when they have made billions and continue to do so.

Why need to change a good business model right?

[haidil]

That's right USDT is great! and the price is currently going up, I think? does USDT make their own coins? without any restrictions?