reasons why someone wants to pay in tether and not bitcoin?

[justdimin]

In terms of payments, stablecoins are actually far more dominant than bitcoin, both cheap transaction fees and almost instant confirmation time, very convenient. But did you miss the recent news about BUSD? I think BUSD is no longer safe and may not be around much longer in the market. I would still believe in USDT more than any stablecoin, many people think USDT is unsafe, but by far, it is the largest and most used stablecoin on the market.

I found that to be FUD and nothing more, I get that it is considered to be some securities by USA and all that, but that's just another story on the whole "binance will crash too!" thing. Think about it, Binance controls over half of all the trades made in the crypto world, and the other companies are not small neither, they can pay tens of millions of dollars to every single congressman and they would still have money leftover for some more bribers, which I believe that to be the case.

I think these competitions realized that they can't make as good of a website as binance could, and they can't get the customers, so they are just paying big names to FUD binance as much as they can.

[Dave1]

Bitcoin has volatility like it can pump or dump anytime. That's why some people don't like Bitcoin. They feel comfort with stable coins like Tether or any other stable coins. There could be more reason.

Yeah, this is one reason, and let's put it this way, someone wanted to received stable coins so that they can hedge it somewhat against Bitcoin's volatility. So it's the safe bet, as the volatility can't be control. It might just be a small gamble on the part of both parties.

Specially for those who are going to received it, volatility works both ways, you received the payments and suddenly the price goes up? At least you can make some money with that small increased too. But as I have said, it's a gamble that not everyone is willing to take the risk.

[nurilham]

If someone prefers to choose stablecoins like Tether, the reason is because of the volatility. There are people who always feel afraid about the volatility, they don't want it to decrease the value significantly. Bitcoin has high volatility although it is the most trusted crypto coin. So, it is possible if there is a person who prefers stablecoins. But personally, I think Bitcoin is better if the purpose to hold the coins as an investment. Stablecoins won't increase their values significantly, while Bitcoin can rise the value very significantly every 4 years.

[bittick]

it's always the means of preventing the value from plummeting simply because of volatility, moreover if it's using USDT from blockchain like matic, it's gonna be significantly cheaper and faster, the confirmation would arrives almost immediately. but surely the main concern is saving the value of the money, because sometimes, massive correction could occur within minutes and your money would already either get reduced or increasing.

[topbitcoin]

What could be the reason for someone wanting to pay in Tether and not bitcoin? 

my understanding is that using bitcoin, you will not have to worry about your crypto being frozen.   

Could there be any reason for tether being advantageous in such transaction?

For payment only, although i have bitcoin maybe i will convert to tether, because with tether sometimes merchant have list of options about network that we can use. Of course i will pick which cost lowest fee, because people doing payment not only about big transaction but every transaction although it is only a few dollar.

[Pamadar]

What could be the reason for someone wanting to pay in Tether and not bitcoin? 

my understanding is that using bitcoin, you will not have to worry about your crypto being frozen.   

Could there be any reason for tether being advantageous in such transaction?

For payment only, although i have bitcoin maybe i will convert to tether, because with tether sometimes merchant have list of options about network that we can use. Of course i will pick which cost lowest fee, because people doing payment not only about big transaction but every transaction although it is only a few dollar.

It affects the condition in terms of fees most of the time, traders or end users will check with how much will be the cost and see also the speed when doing the transactions.

I can say that personally, tether will be a good option if you want to do it without worrying about changes
of the value, with crypto, volatility affects the amount or the value of your transactions, plus the fee
that you needed to pay.

[Yamifoud]

it's always the means of preventing the value from plummeting simply because of volatility, moreover if it's using USDT from blockchain like matic, it's gonna be significantly cheaper and faster, the confirmation would arrives almost immediately. but surely the main concern is saving the value of the money, because sometimes, massive correction could occur within minutes and your money would already either get reduced or increasing.

Not the case we have to worry if we just only paying Bitcoin to Bitcoin because the value will remain like 1BTC = 1BTC. But if we are paying Bitcoin to USDT, we can expect changes in its value and might it drop. That is why in this situation, users are preferred to use USDT to USDT in order to make no change in its value, and $50 = $50. And considering the transaction fees and confirmations could be a big factor that people had to choose Tether over BTC.

[fzkto]

it's always the means of preventing the value from plummeting simply because of volatility, moreover if it's using USDT from blockchain like matic, it's gonna be significantly cheaper and faster, the confirmation would arrives almost immediately. but surely the main concern is saving the value of the money, because sometimes, massive correction could occur within minutes and your money would already either get reduced or increasing.

Not the case we have to worry if we just only paying Bitcoin to Bitcoin because the value will remain like 1BTC = 1BTC. But if we are paying Bitcoin to USDT, we can expect changes in its value and might it drop. That is why in this situation, users are preferred to use USDT to USDT in order to make no change in its value, and $50 = $50. And considering the transaction fees and confirmations could be a big factor that people had to choose Tether over BTC.

It depends on what kind of payment we're talking about. If the value in BTC is fixed at the time of purchase, you can either buy the item cheaper if BTC rises, or more expensive if it falls. USDT is a surrogate for the dollar, so you cannot lose value here. That's why many people prefer to pay in USDT, which is practically in dollars.

[pgbit]

What could be the reason for someone wanting to pay in Tether and not bitcoin? 

my understanding is that using bitcoin, you will not have to worry about your crypto being frozen.   

Could there be any reason for tether being advantageous in such transaction?

People may prefer to pay in Tether instead of Bitcoin due to its stability, lower transaction fees, faster transaction processing, and compliance with stricter cryptocurrency regulations in some countries. These factors make Tether a more attractive option for those who are concerned about price volatility, want to save on transaction fees, or need to ensure regulatory compliance.

[Jackl87]

What could be the reason for someone wanting to pay in Tether and not bitcoin? 
my understanding is that using bitcoin, you will not have to worry about your crypto being frozen.   
Could there be any reason for tether being advantageous in such transaction?

If i had the choice to choose between Bitcoin and USDT or any other stablecoin out there to pay for something then i would also choose to pay with stablecoins to be honest. For me Bitcoin nowadays is not really a normal currency to pay your daily stuff anymore because it just has become way to rare and valuable. Now for me bitcoin is an investment asset just like gold, that you buy and hodl in order to make some profit with it in the future. So if you pay your 100$ bill with Bitcoin now it is very much possible that the amount of Bitcoin, that you have spent to pay this bill is worth 500$ in a few years. Of course the other way around is also possible.

[Farma]

I think it's just a stability issue. tether is a stablecoin. people sometimes choose to use USDT to store their assets in crypto to make it easier for them to use them without thinking about the volatile levels that occur. if someone wants to be paid using tether then he/she is most likely avoiding the volatile thing that happens with bitcoin. I don't think he's worried about his assets being frozen, rather he's afraid the price could decrease more than he thought.

[Tellek Garing]

Tether is considered to be a stable cryptocurrency, which means that one need not worry about the volatility associated with other cryptocurrencies. However, it should be noted that accepting payment in Tether may not result in any gains. In contrast, Bitcoin payments offer the possibility of holding for profits if its value appreciates.

Ultimately, the decision to accept Tether or Bitcoin payments is a matter of individual preference.

[Cling18]

Tether is considered to be a stable cryptocurrency, which means that one need not worry about the volatility associated with other cryptocurrencies. However, it should be noted that accepting payment in Tether may not result in any gains. In contrast, Bitcoin payments offer the possibility of holding for profits if its value appreciates.

Ultimately, the decision to accept Tether or Bitcoin payments is a matter of individual preference.

Anyone can use any of these currencies because they are both trusted and reliable. It's just that some users prefer tether because of its stability compared to Bitcoin which has high volatility. Stablecoins are good for transacting because we won't worry about price changes, unlike other coins which could completely change the price anytime which is not under our control. Some coins are better as an investment while others are for transacting and payments.

[borovichok]

Tether is considered to be a stable cryptocurrency, which means that one need not worry about the volatility associated with other cryptocurrencies. However, it should be noted that accepting payment in Tether may not result in any gains. In contrast, Bitcoin payments offer the possibility of holding for profits if its value appreciates.

Ultimately, the decision to accept Tether or Bitcoin payments is a matter of individual preference.

No one is talking about gains, because one is already paying for bills, not trading for profits. Everyone has their own motives for choosing tether over bitcoin. Taking bitcoin as payment is dangerous because one could lose money if the market crashes or make money if the market is bullish. While Bitcoin moves up and down in bull and bad markets, Tether is a stable coin with minimal volatility. We should exercise caution when sending or accepting payments in cryptocurrency because the number of scams has sharply increased.

[Rengga Jati]

What could be the reason for someone wanting to pay in Tether and not bitcoin? 

I am sure that one of the strong reasons why people choose prefer to tether over Bitcoin is because of the volatility. Some people don't like high volatility because they need to cash out it a short-term period. Bitcoin is volatile and it has a higher risk to lose its price, although it may also lead the price to be much higher in a short time. But here, it is about the expectation, the reality, and also the risks to take. Some people are not high-risk takers, so this will also influence how people will love choosing Thether or Bitcoin.

[goaldigger]

I think it's just a stability issue. tether is a stablecoin. people sometimes choose to use USDT to store their assets in crypto to make it easier for them to use them without thinking about the volatile levels that occur. if someone wants to be paid using tether then he/she is most likely avoiding the volatile thing that happens with bitcoin. I don't think he's worried about his assets being frozen, rather he's afraid the price could decrease more than he thought.

That’s the purpose of stablecoin, to protect your money from further dropping on any market situation because its value should be stable on that price, that’s why many prefer to have this on a bear market so they can easily buy again when they saw a good signal to buy. I just don’t like the idea of holding this in the long run, because you are just wasting opportunities to increase your money’s worth by staying on that stablecoin, better to buy a good crypto that can give you good profit in return.

[fullhdpixel]

It depends on what kind of payment we're talking about. If the value in BTC is fixed at the time of purchase, you can either buy the item cheaper if BTC rises, or more expensive if it falls. USDT is a surrogate for the dollar, so you cannot lose value here. That's why many people prefer to pay in USDT, which is practically in dollars.

I think that each merchant will always update the price of their items because if they won't do that, they will only lose as most of the times, the price of Bitcoin is declining. There are times that it can pump but it does not stay there for a long time and what if the merchants will be a little late of selling their Bitcoins to fiat?

Tether is not the only stable coins that we have here and there are people who avoid it for some reason. These people can go with other stable coins like USDC and Busd because they think that it was more safer and more stable. Yes, even the stable coins can fluctuate too although not too much like the typical crypto.

[DOH!]

I simply think that they believe in usdt as a traditional paper currency because of its pure value, not bitcoin. They may have overlooked the larger and more serious risks to tether such as a massive tether withdrawal or a sudden and rapid loss of trust in Tether. What is happening with USDC and BUSD. Lol, I guess bitcoin still deserves more acceptance.

[wajik-tempe]

Tether is a stablecoin, meaning that its value is pegged to the US dollar. This makes it a more stable asset than Bitcoin, which is known for its price volatility. For merchants who want to avoid the risk of Bitcoin's fluctuating value, accepting Tether may be a more attractive option.
Another reason why someone might prefer Tether is that it is faster and cheaper to transact with than Bitcoin. Bitcoin transactions can be slow and expensive, especially during times of high network congestion. Tether transactions, on the other hand, are usually processed quickly and with lower fees.

[Pamadar]

I simply think that they believe in usdt as a traditional paper currency because of its pure value, not bitcoin. They may have overlooked the larger and more serious risks to tether such as a massive tether withdrawal or a sudden and rapid loss of trust in Tether. What is happening with USDC and BUSD. Lol, I guess bitcoin still deserves more acceptance.

Yeah, pure value and serve as a representation of the US dollar. They are willing to use it as payment and not Bitcoin because of other factors, especially the volatility of its value.

Using USDT, the transaction will proceed without worrying of any possibility that the value will fall or the
value will pump, with USDT to tether there're no changes and it will continue as it is.