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Author Topic: Is USDT a trustable?  (Read 1744 times)
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December 17, 2021, 02:26:10 PM
 #241

don't easily believe this kind of news because this kind of news is common in the crypto world. currently USDT is the largest stable coin, of course many will want to seize the position. when market conditions are down I usually change the assets I have to USDT, I've been doing this for the last few years and so far I haven't experienced any serious problems.
You are absolutely right mate, because I also frequently exchange my assets into USDT and in almost three years I have used USDT, not once have I had a problem with it, so it is clear that I personally would not easily believe this kind of news because it is so visible it is clear that it is politics to seize or displace USDT in cryptocurrencies.

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December 17, 2021, 02:54:57 PM
 #242

Many rumors say that USDT is not safe, but I use USDT for more than 3 years and everything is safe, haven't found any problems, no matter how much we send then that's what we receive, even though it is stable sometimes the price also goes up or down, this is an adjustment between the algorithm and usually a few minutes it will stabilize again.
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December 17, 2021, 03:15:27 PM
 #243

The bad news is part of the market, every day bad news and good news coming for crypto, USDT number 4 in coinmarketcap and leader since the long time this a not scam and bad news are wrong about USDT so you can hold your funds in USDT no need to convert in another stable coin.

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December 17, 2021, 03:36:05 PM
 #244

I think many trusted coin are available in the market and some fake news about USDT that is not a trusted so first of all i say that is absolutely rong and the other thing is that anyone said this type news kindly submit with a proof.
USDT is a stable coin and a Trust full coin so people support and use to USDT stable there money so its a great and strong and wonderful Coin.

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December 17, 2021, 03:38:20 PM
 #245

USDT is a coin that has gone through a rigorous selection and audit so that it can be ensured that it is safe, until now there has been no major issue that has disturbed USDT so that almost a year the transaction volume of USDT is the largest and is currently 2x the daily transaction volume of bitcoin.


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December 17, 2021, 04:22:32 PM
 #246

bad news circulating about usdt does not affect its current growth at all, in fact I see these factors make usdt the more grow, this is proof that usdt is a strong and safe stablecoin to invest in, I personally have been using usdt for 2 years and no problem at all.

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December 17, 2021, 04:59:58 PM
 #247

I thing that recently Tether is Stablecoin and the third biggest Famous cryptocurrency And  by market capitalization holder. It's also the biggest stablecoin on the market. But its popularity doesn't necessarily make it a safe investment. Because I believe the USDT does not have its own blockchain, it operates as a second-layer token on top of other cryptocurrencies  blockchains Like Bitcoin, Ethereum, EOS, Tron, Algorand, Bitcoin Cash. And from the answers of those who are currently Manageing it, questions have often arisen as to whether there will be any cheating by ether management in the future. Because their answers have proved to be very impractical. So I don't trust ether. There are now many reliable coins available in the market to replace him. He has to pass an honesty test to maintain his popularity. Only then will it survive in the market in the future.
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December 17, 2021, 05:19:41 PM
 #248

bad news circulating about usdt does not affect its current growth at all, in fact I see these factors make usdt the more grow, this is proof that usdt is a strong and safe stablecoin to invest in, I personally have been using usdt for 2 years and no problem at all.
So far I've used USDT also never had any problems and I have no hesitation in mentioning that USDT is a good and reliable stable coin,
obviously everyone has their own experience in using USDT,
so I think everyone has their own opinion on it

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December 17, 2021, 06:09:35 PM
 #249

In recent days lots of bad news are hearing from usdt and what will be happen if the usdt is a scam,should i change other stable coin,any recomendation for the stable coin?

USDT has passed various audits and no doubt USDT is very reliable, we can even see the source code so that if there is anything suspicious it will be easy to find out, the daily transaction volume of USDT is 2x that of bitcoin and makes me not hesitate to save assets to USDT.

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December 17, 2021, 06:32:09 PM
 #250

In recent days lots of bad news are hearing from usdt and what will be happen if the usdt is a scam,should i change other stable coin,any recomendation for the stable coin?

yes USDT can be trusted because it is a very stable coin and USDT price always follows the real dollar price. There is nothing to be afraid of from USDT, if you hear any news or information about cryptocurrencies then you better find out the truth of the news. Now that the proof is USDT is still safe to buy, don't be afraid to own USDT because this token is not a scam.

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December 17, 2021, 06:59:20 PM
 #251

Of course, there is a fly in the ointment in this project, but still the project has been on the market for a long time and I myself use this stablecoin and did not notice anything bad, only a lot of negative news, but still many people use it.It seems to me that the main issue with USDT is the provision of real $ if everything were transparent, there would be nothing like that.
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December 17, 2021, 07:00:14 PM
 #252

In recent days lots of bad news are hearing from usdt and what will be happen if the usdt is a scam,should i change other stable coin,any recomendation for the stable coin?

yes USDT can be trusted because it is a very stable coin and USDT price always follows the real dollar price. There is nothing to be afraid of from USDT, if you hear any news or information about cryptocurrencies then you better find out the truth of the news. Now that the proof is USDT is still safe to buy, don't be afraid to own USDT because this token is not a scam.

It's still being used inside crypto market, those who wanted to take some rest with this falling market simply trade their asset with USDT, same value with dollar, they can either cut their losses and try to buy back when dip continue to take place, you need to take some time before believing in anything, it's your assessment that will guide you while you are inside this market.

Don't be moved by other's opinion, better to assess it y yourself if USDT is useful or not.

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December 17, 2021, 07:10:41 PM
 #253

interesting topic. i am also worried too.
base on coinmarketcap
in less than 1 year USDT marketcap just pumping from 4B $ to 76B $.
its 20x, but if USDT will collapse, they will bring down entiry market to the very bottom

Not only the crypto markets sadly. If tether goes down, it will affect stocks too. Everything will go down for a while because crypto is a 2 trillion dollar market now. If crypto goes down, there will be a huge wealth loss and it could be very big, just enough to trigger a world wide market collapse. Tether is a systemic risk now for everybody lives on earth.

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December 17, 2021, 07:57:31 PM
 #254

USDT is the best stablecoin ever in crypto, and of course it is very safe to store and use usdt as an alternative exchange, it's been three years I use usdt but I didn't find any significant problems at all, although there is a lot of skewed news about usdt but until now we still see usdt equivalent to US dollar,

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December 18, 2021, 05:13:09 AM
 #255

I know that USDT is the most commonly used stable coin in the market but I dont think it is trustable as each USDT is claimed to be backed by 1 USD but never given a proper audit and also its marketcap which have increased in 1 year from 40B $ to 76B $, do they really have that much USD to back USDT up?
I would prefer more safer decentralized stable coins like UST,DAI and USDC.
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December 18, 2021, 02:08:23 PM
 #256

Yea  I think usdt safest stable coin recently we see a some bad news about that but nothing happened so better is hold half in busd and half in usdt so we won't face any difficulty

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December 23, 2021, 03:15:14 PM
 #257

Trust me, USDT is a stablecoin that reflects the price of the US dollar, because it is one of the most stable coins in the crypto market, you don't have to worry about this one coin and don't be swayed by bad news. . out there, I think investing in usdt is very safe from the highest risks when a bear market comes along.
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December 23, 2021, 03:27:02 PM
 #258

The bad news is part of the market, every day bad news and good news coming for crypto, USDT number 4 in coinmarketcap and leader since the long time this a not scam and bad news are wrong about USDT so you can hold your funds in USDT no need to convert in another stable coin.
Its true that bad news is always around us on crypto .We always survive after that sun will sunshine .However i have never found any bad news concerning the stable coin USDT .If you have any provide me the legal source what can really trust to me except that everything is rumor to me .A huge amount of transaction are happening with this stable coin without any issue .Honestly i have never found any issue on that so how could i tell that to ignore it .If anything might happen we all have the news concerning it .However its trader and holder choice to use it or hold it cause we have many option too as well but i have strong believe in it and i am using it on trading and holding on it as well .

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December 23, 2021, 03:44:38 PM
 #259

This is a quick reminder, If you have anything against USDT or you can't just trust them enough then consider terra USD (UST) the whales are moving more money with this stable coin than others this days and also terra blockchain is performing better than BSC as the news said this morning

ice18
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December 23, 2021, 04:09:35 PM
 #260

In recent days lots of bad news are hearing from usdt and what will be happen if the usdt is a scam,should i change other stable coin,any recomendation for the stable coin?

yes USDT can be trusted because it is a very stable coin and USDT price always follows the real dollar price. There is nothing to be afraid of from USDT, if you hear any news or information about cryptocurrencies then you better find out the truth of the news. Now that the proof is USDT is still safe to buy, don't be afraid to own USDT because this token is not a scam.
The issue with USDT is if its really backed by USD fiat secured in banks, we all know that USDT token minted billions of dollars you cant really mint usdt tokens if not backed by anything, this is the problem thats why until now many have doubts about this stable coin.

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