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Author Topic: USDT keeps getting better  (Read 762 times)
hamba laeh
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April 27, 2021, 09:36:19 PM
 #81

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,  Wink don't mind me if you are USDT hater   Grin, read the full news below

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

here not only you know and admit that USDT is the best stable coin. because I also really like USDT. and I also believe the USD will continue to grow and survive in the future. so I always save my assets into USDT after I sold altcoins from the bounty and airdrop.

tanjiran
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April 27, 2021, 09:47:17 PM
 #82


Stablecoins are crypto assets that have a stable value. This is because their value is directly tied to fiat currencies, such as the US dollar. and usdt is the best stable altcoin currently in the crypto world, just like you, I also prefer to secure my assets in the form of usdt when seeing the deteriorating market conditions so that at least our money value will be more stable and usually usdt will be a little experience price increases when the market continues to deteriorate this is due to the many traders who convert their assets both Bitcoin and altcoin into usdt and this further increases the demand for usdt.
usually I use usdt when suddenly there is a sudden change in the market outside of the predictions, this is the safest and easy way to prevent bigger losses. despite many bad rumors related to centralization etc., I still like usdt as a stablecoin. well, all there are risks, by understanding that we will be able to determine anticipatory steps. for example using usdt only temporarily, if it is safe then immediately convert it to something else.

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April 27, 2021, 09:49:44 PM
 #83


Stablecoins are crypto assets that have a stable value. This is because their value is directly tied to fiat currencies, such as the US dollar. and usdt is the best stable altcoin currently in the crypto world, just like you, I also prefer to secure my assets in the form of usdt when seeing the deteriorating market conditions so that at least our money value will be more stable and usually usdt will be a little experience price increases when the market continues to deteriorate this is due to the many traders who convert their assets both Bitcoin and altcoin into usdt and this further increases the demand for usdt.
usually I use usdt when suddenly there is a sudden change in the market outside of the predictions, this is the safest and easy way to prevent bigger losses. despite many bad rumors related to centralization etc., I still like usdt as a stablecoin. well, all there are risks, by understanding that we will be able to determine anticipatory steps. for example using usdt only temporarily, if it is safe then immediately convert it to something else.

It's good because you don't have to cash out and can keep it in cryptocurrency. Makes it quicker available if you want to get back into other coins. The daily volume is impressive, but it's a good tool for traders.
BuNga_cute
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April 27, 2021, 10:15:13 PM
 #84

Stablecoins are crypto assets that have a stable value. This is because their value is directly tied to fiat currencies, such as the US dollar. and usdt is the best stable altcoin currently in the crypto world, just like you, I also prefer to secure my assets in the form of usdt when seeing the deteriorating market conditions so that at least our money value will be more stable and usually usdt will be a little experience price increases when the market continues to deteriorate this is due to the many traders who convert their assets both Bitcoin and altcoin into usdt and this further increases the demand for usdt.
usually I use usdt when suddenly there is a sudden change in the market outside of the predictions, this is the safest and easy way to prevent bigger losses. despite many bad rumors related to centralization etc., I still like usdt as a stablecoin. well, all there are risks, by understanding that we will be able to determine anticipatory steps. for example using usdt only temporarily, if it is safe then immediately convert it to something else.
It's good because you don't have to cash out and can keep it in cryptocurrency. Makes it quicker available if you want to get back into other coins. The daily volume is impressive, but it's a good tool for traders.

That is the reason USDT has a very high daily volume, even the volume of USDT is higher than Bitcoin. This is because USDT is the most trusted
stable coin by traders, and most traders use USDT as the fastest trading tool to save capital when the market suddenly crashes, and can avoid
big losses. I myself do rely on USDT to save some of my trading capital if I haven't found the coins I want for investment. In order not to be affected
by the highly volatile crypto market.

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efreeti
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April 29, 2021, 07:49:26 AM
 #85

Stablecoins are crypto assets that have a stable value. This is because their value is directly tied to fiat currencies, such as the US dollar. and usdt is the best stable altcoin currently in the crypto world, just like you, I also prefer to secure my assets in the form of usdt when seeing the deteriorating market conditions so that at least our money value will be more stable and usually usdt will be a little experience price increases when the market continues to deteriorate this is due to the many traders who convert their assets both Bitcoin and altcoin into usdt and this further increases the demand for usdt.
usually I use usdt when suddenly there is a sudden change in the market outside of the predictions, this is the safest and easy way to prevent bigger losses. despite many bad rumors related to centralization etc., I still like usdt as a stablecoin. well, all there are risks, by understanding that we will be able to determine anticipatory steps. for example using usdt only temporarily, if it is safe then immediately convert it to something else.
It's good because you don't have to cash out and can keep it in cryptocurrency. Makes it quicker available if you want to get back into other coins. The daily volume is impressive, but it's a good tool for traders.

That is the reason USDT has a very high daily volume, even the volume of USDT is higher than Bitcoin. This is because USDT is the most trusted
stable coin by traders, and most traders use USDT as the fastest trading tool to save capital when the market suddenly crashes, and can avoid
big losses. I myself do rely on USDT to save some of my trading capital if I haven't found the coins I want for investment. In order not to be affected
by the highly volatile crypto market.

That is reasonable because they want to switch back and forth and also use it as a trading mechanism to secure little gains from small movements in bitcoin, but that is also risky. If you are ok with what you have in USD and you want to put it in a safe place for a moment maybe during too much hype, that's a good possibility.
travwill
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May 13, 2021, 10:17:58 PM
 #86

The listing of USDT on CoinBase stops all the Tether FUD once and for all, there is no doubt the team can do better with thier transparency and I am sure the team do not have all the DOllar they claim they have in the bank but having said this they have done well for the space, the rise of stable coins is as a result of Tether and other projects joining the space has them to thank

What kind of FUD can we talk about, because even in the darkest times of Tezer, the trading volumes on it were the highest compared to other stable coins.
And now we have Tezer on almost all blockchains. I am sure that whatever difficulties Tezer may experience, he will easily cope with them, because the most difficult is already over.

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Kayum10029
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May 13, 2021, 10:27:20 PM
 #87

USDT is the best Crypto stable coin in the cryptocurrencies market. Very recently Elon musk announcement that his car tesla company suspended bitcoin but he has more of interest to accept USDT to buy car tesla. So I think If cryptocurrencies market exist, the USDT would be the best stable coin position.

xiboothrezi
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May 13, 2021, 10:41:32 PM
 #88

USDT is the best Crypto stable coin in the cryptocurrencies market. Very recently Elon musk announcement that his car tesla company suspended bitcoin but he has more of interest to accept USDT to buy car tesla. So I think If cryptocurrencies market exist, the USDT would be the best stable coin position.
Well, currently Usdt is the most popular and most used stablecoin in the crypto market, based on data from coinmarketcap. wide range and available on most major exchanges. I also prefer to use USDT when there is a sudden downturn in the market and to move it to a local exchange, it costs less.

although very useful, there has been controversy regarding the audit of the number of coins available. that is what often makes many people doubt. well, as long as we use it wisely, only temporarily for a specific purpose eg transfer of value, not for long hold, then it doesn't matter.

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May 13, 2021, 10:58:09 PM
 #89

The listing of USDT on CoinBase stops all the Tether FUD once and for all, there is no doubt the team can do better with thier transparency and I am sure the team do not have all the DOllar they claim they have in the bank but having said this they have done well for the space, the rise of stable coins is as a result of Tether and other projects joining the space has them to thank
If you think that the Tether team do not have the dollars they claim in the bank as collateral, what do you think they have kept aside from dollar and do you really think they have kept other valuables as collateral as that is what they were saying but they are yet to reveal what are the other assets they have kept and you think that it is transparency. If they are not having the said collateral in valuation then how can we trust them and i think if they are saying is true they would have already published everything but we know that is not the case.
ogundowotoby01
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May 13, 2021, 11:32:16 PM
 #90

USDT is undoubted the best stable coin in the cryptocurrency market. It is very useful for good traders, as it helps them keep their money safe before and after making a good move in the market. they use USDT to preserve their portfolio value when the market is dumping.

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May 14, 2021, 03:33:13 AM
 #91

if tether or usdt spreads its wings to other networks it is good news, as it is a stepping stone to saving it due to its stable price and avoids big losses when the market is down. because the price remains stable.
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May 14, 2021, 06:26:35 AM
 #92

Indeed, most people consider it trivial with USDT, the proof is that the public prefers other tokens with uncertain hopes.
I myself am very grateful for the presence of usdt, for providing income even though it is not as much as eth or btc.

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May 20, 2021, 11:41:04 PM
 #93

USDT will always be a great coin, this project first introduced the concept of stable coins before a lot of other projects joined the wave  and in the midst of all the several controversies the project has faced in the past, it has always survived.
As with its advantages USDT helped me to control the dip in the value of my portfolio in d past few weeks now, i have bought back some of my coins for lesser price than i held initially and USDT made that possible

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