Will Tether crash to $0?

[Chato1977]

Nope, tether had been here for long and the first ever popular stable coin , I also had hold tether for years .
i trust this coin and i know that there is a safer place for this to keep.

I don't believe if tether crashes to $0, because in my opinion this altcoin has great potential even though its current growth is very slow, but the movement of this altcoin is very stable, rising not too high and falling not too flashy, very suitable as a long-term investment.

Like all of us do.

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[Orange89]

Never ever it can't be happen as USDT also called as Stable coin that's backed by USD which is used in real currency and no one wants it's country money value to get 0$ that's why it is technically impossibly Yes you may see fluctuation as in compared to last year it had shown huge fluctuation but yes it can't be zero that's i am sure but again no one can predict the future

[speedforce]

Its impossible, to many people backed the price and see the drop as the opportunity to take profit after.
So if the price goin down for some percentage, it will going back to normal really fast.

[Ruvi2000sew]

I believe it is still safe as long as there are transactions, especially for altcoins like Tether. The problem of dropping pricing can be caused by a variety of circumstances. You can check how the Tether coin's Trading Volume grew by 2.6 percent today to determine whether it is safe to preserve cash.

[irixo10]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

There have been many scenarios where Tether was said to face SEC, in fact there have been many cases which people said were filed against Tether for a long time now, but yet here it is, with the biggest market cap when it comes to stablecoins. For a platform as big as Tether I find it hard to believe that it will ever crash to $0 not after all these years and moreover the team are doing a good work in making the coin available through many blockchain networks. Also, taking the case of Ripple as an example, even with all the tough cases it faced against SEC, it still didn't crash that is to say, most of these big projects which have been developing for a long time now, will hardly crash to $0.
In my opinion, I would say it better to use more than one stablecoins, Tether is good quite alright but having another in addition to Tether is also better.

[Wakate]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

USDT is a very good stable coin we has a market cap of a out $65k showing that a lots of traders and investors are holders of USDT. This coin is the best stable coin I've known for long now and I don't think there is any reasons that will make it fall to zero. I think op needs to make good research on this coin to really know it value.

I always convert my other volatility coins to usdt in order to be safe especially when the market is falling and there is no way I can keep on holding the them, so I usually convert them to usdt until the market is positive again before I will change it back.

[Fredomago]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

There have been many scenarios where Tether was said to face SEC, in fact there have been many cases which people said were filed against Tether for a long time now, but yet here it is, with the biggest market cap when it comes to stablecoins. For a platform as big as Tether I find it hard to believe that it will ever crash to $0 not after all these years and moreover the team are doing a good work in making the coin available through many blockchain networks. Also, taking the case of Ripple as an example, even with all the tough cases it faced against SEC, it still didn't crash that is to say, most of these big projects which have been developing for a long time now, will hardly crash to $0.
In my opinion, I would say it better to use more than one stablecoins, Tether is good quite alright but having another in addition to Tether is also better.

Much better, if you are doubting this stable coin then use other alternatives there are many stable coins now inside the market.

You can pick one of those or use multiple to secure your funds, though just like how you explained it, been a long time since we seen those issues about tether but still the coin still usable and traders still enjoying it,.

Crashing to zero still far to happened unless a major problem take place inside the project itself.

[Fivestar4everMVP]

Well, ive been using tether usdt since I started my journey into stable coins, aside the fact I sometimes make use of BUSD on binance or trust wallet, usdt have been my most trusted stablecoin of choice.
Recently, alot of controversial news began to come up around tether which for sure will make anyone worry most especially when money is involved, but since this issues started around tether, nothing has really changed, the stablecoin continues to stand strong and even gain more users, so personally, I believe that tether isn't crashing to 0  anytime soon, this is if it will ever, maybe some day, a better stable coin might surface and people shift from tether, but that does not mean tether is returning to 0.

[crzy]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

I don't think it will happen because $1 is already the basis for Tether so technically it wont reach up to $0 and imagine that topic was created since 2017 and four years after the price of Tether is still the same so don't think about this one because the market is getting better and we need a stable token to at least secure our funds and Tether is one of the best option for that.

[tabas]

I don't think it will happen because $1 is already the basis for Tether so technically it wont reach up to $0 and imagine that topic was created since 2017 and four years after the price of Tether is still the same so don't think about this one because the market is getting better and we need a stable token to at least secure our funds and Tether is one of the best option for that.

Tether is unlikely to crash but there's a handful of stable coins that just lost their value. I don't know how exactly it happened but there's a chance that it can too.
Maybe not with Tether or it could be.

[Slow death]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

Source: https://coinmarketcap.com/

this data proves that people trust and use more USDT compared to other establecoins, so you can already imagine what it means, in a nutshell: you can keep using USDT and of course always with your eyes wide open so that if shit happens you will be safe

[Clement Kaliyar]

this data proves that people trust and use more USDT compared to other establecoins, so you can already imagine what it means, in a nutshell: you can keep using USDT and of course always with your eyes wide open so that if shit happens you will be safe

The evidence is that majority of the users trust USDT and may be because they are not aware of the issues that are brewing for years or they think that the team will overcome these and keep on running without much audit. It is really popular but that does not make it trustworthy. Will see what happens in the next 5 years seals it fate.

[awik p]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

Source: https://coinmarketcap.com/

this data proves that people trust and use more USDT compared to other establecoins, so you can already imagine what it means, in a nutshell: you can keep using USDT and of course always with your eyes wide open so that if shit happens you will be safe

we can see from the past that usdt has always been on top. this shows that the market capitalization of usdt is still large when compared to other stablecoins. how can we say the usdt is not safe, or will even be worth $0, will the usdt holders take all the funds, until there is no market cap left. I guess logically it's not like that

[South Park]

Never ever it can't be happen as USDT also called as Stable coin that's backed by USD which is used in real currency and no one wants it's country money value to get 0$ that's why it is technically impossibly Yes you may see fluctuation as in compared to last year it had shown huge fluctuation but yes it can't be zero that's i am sure but again no one can predict the future

It is not impossible, why do you think satoshi took the time to create a decentralized currency in the first place? Because he knew that if he created a centralized one then he risked all the servers being confiscated and the coin going to zero, this is why bitcoin cannot be killed and governments are frustrated because of this, but when it comes to a centralized currency like USDT the only thing the governments need to do is to freeze the accounts with all of those dollars and then the coin will be backed by nothing, then people will lose confidence in the coin and it will crash to zero.

[Hypnosis00]

this data proves that people trust and use more USDT compared to other establecoins, so you can already imagine what it means, in a nutshell: you can keep using USDT and of course always with your eyes wide open so that if shit happens you will be safe

The evidence is that majority of the users trust USDT and may be because they are not aware of the issues that are brewing for years or they think that the team will overcome these and keep on running without much audit. It is really popular but that does not make it trustworthy. Will see what happens in the next 5 years seals it fate.

Can't argue with that data, and I would have thought so also if anyone asked. Tether, as much as it has been talked about, and the proof and evidence over the years, but if you go to an exchange, even P2P, it's USDT that people sell the most for your crypto. Best prices, best liquidity. Too big to fail they all believe. Sort of like Ripple, how people just believe it'll improve and get over their problems. For no other reason than that it's way too successful.

yeah, and I usually used stablecoins for my trading pairs with altcoins like USDT or BUSD. I don't see any reason to happen that stablecoins will collapse in the crypto market. Now that to see many or I think the majority are using Tether for trading the more it gains confidence that it never becomes $0. That only happens when the crypto market will stop but seeing it won't, in fact, we can see it continue to spread and keep on growing which obviously tells that more people are using this one.

[globalpain]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

Source: https://coinmarketcap.com/

this data proves that people trust and use more USDT compared to other establecoins, so you can already imagine what it means, in a nutshell: you can keep using USDT and of course always with your eyes wide open so that if shit happens you will be safe

we can see from the past that usdt has always been on top. this shows that the market capitalization of usdt is still large when compared to other stablecoins. how can we say the usdt is not safe, or will even be worth $0, will the usdt holders take all the funds, until there is no market cap left. I guess logically it's not like that

That's right I think it's quite strange if there are still people who doubt USDT,
I don't think we need to worry about USDT and it's safe,
if you are not sure maybe we can follow the movement of USDT market capitalization

[elisabetheva]

this data proves that people trust and use more USDT compared to other establecoins, so you can already imagine what it means, in a nutshell: you can keep using USDT and of course always with your eyes wide open so that if shit happens you will be safe

it is clear that people using stable coins certainly aim that what they want with the coin should indeed remain stable and will not be affected by any events, if there is also a change there will be very little impact and indeed USDT is the most appropriate for stable coins at this time.

The evidence is that majority of the users trust USDT and may be because they are not aware of the issues that are brewing for years or they think that the team will overcome these and keep on running without much audit. It is really popular but that does not make it trustworthy. Will see what happens in the next 5 years seals it fate.

USDT will certainly not be affected by any circumstances and will always be able to provide a stable value and it is made for it. so it is likely that many people will not be affected at all by the situation that USDT as a stable coin will change in the future, it can be ascertained that it will always be maintained because the mechanism is indeed made in such a way.

[Abiky]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

Nothing is guaranteed to last for life. Tether is subject to losing its value in the future because of its utterly-centralized design. A full government crackdown or the issuer "closing up shop", could undermine the value of Tether as we speak. We should be prepared for the worst by cashing out our crypto directly into Fiat instead of a stablecoin. You'll never know when everything will go down the drain as the crypto market is widely unpredictable.

I'd assume that the whole market will crash after Tether goes to $0. That's because Tether is the one stablecoin which moves the market. Ever since the stablecoin launched, the issuer (Bitfinex) has been "printing" new coins with the aim to manipulate the market. Without Tether, the market will be doomed. Prices of major crypto assets will recover after that, albeit at a slow and steady pace. There's no need to worry about Tether since there are a wide number of options to choose from. With a decentralized stablecoin like DAI, there's no need to rely on centralized stablecoins anymore. Time will tell us whenever Tether will survive or become a failed experiment. Just my opinion

[Tomohisa]

No one can give you a definitive answer about if USDT safe or not. If anyone is so confident about their answer, they're a fool and you shouldn't trust it. USDT or Tether or any stablecoin out there always has a risk. You shouldn't put everything you have into USDT bag, split it and spread it out to other cryptocurrencies or other stablecoin.

[Smitty Werben Man Jensen]

No one can give you a definitive answer about if USDT safe or not. If anyone is so confident about their answer, they're a fool and you shouldn't trust it. USDT or Tether or any stablecoin out there always has a risk. You shouldn't put everything you have into USDT bag, split it and spread it out to other cryptocurrencies or other stablecoin.

Basically for me personally every coin must have its own level of risk,
talking about stable coins like USDT and BUSD so far it's safe and maybe the risk is still low,
It's also a good way to share it in other coins not on one coin and I think it can minimize the risk