I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
It's really good news if the owner of USDT is supposed to look at all the funds then I must say good news.Because then his project will be absolutely safe and strong.All funds secured by the owner of USDT will be transparent and reliable to the public.And people will be more reliable and they will trust USD more and popularity will increase. 
Topic: A good news or a bad news (Read 619 times)
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
Such USDT is really a big good news for the owner.If all his reserves are explored and he shows them willingly and if there is no deception in him, he will become stronger.People will have more confidence in him and he will gain more popularity.I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
I think this is good, will be trending and make many people do not hesitate to store assets in USDT, although stable coins, of course, many people think that the stable coins are safer, I also hope there is a currencies project other than USD so as to make cryptocurrencies users increase dramatically.
then I am sure investors, traders and all actors in the crypto world will be very happy and safe,
because USDT is able to provide an explanation of this important thing,
but remember if they avoid it then we have to get ready for something bad to happen, well hopefully not.
Investors will surely seek an explanation and if they wouldn't provide further explanation, it will only make them doubt about USDT. They must always make their investors feel secure to keep them or else they will lose their trust. They also have to make sure that certain changes won't affect the status of the coin negatively so they wouldn't back out. If the said coin would be handled and regulated by the authorities, they should assure that it will run continuously the same way.
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
I think this is good, will be trending and make many people do not hesitate to store assets in USDT, although stable coins, of course, many people think that the stable coins are safer, I also hope there is a currencies project other than USD so as to make cryptocurrencies users increase dramatically.
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
Such USDT is really a big good news for the owner.If all his reserves are explored and he shows them willingly and if there is no deception in him, he will become stronger.People will have more confidence in him and he will gain more popularity.This to make sure public will got accurate data and they can determine whether that's good to hodl tether or not. I hope tether wanna follow an order from the court
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
I think this is good news, this makes users stable coins more optimistic and do not hesitate to store or divert assets to stable coins, this is also an effective promotion so that more people use cryptocurrencies because they have been equated with fiat.
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
I think this is good, will be trending and make many people do not hesitate to store assets in USDT, although stable coins, of course, many people think that the stable coins are safer, I also hope there is a currencies project other than USD so as to make cryptocurrencies users increase dramatically.
then I am sure investors, traders and all actors in the crypto world will be very happy and safe,
because USDT is able to provide an explanation of this important thing,
but remember if they avoid it then we have to get ready for something bad to happen, well hopefully not.
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
I think this is good, will be trending and make many people do not hesitate to store assets in USDT, although stable coins, of course, many people think that the stable coins are safer, I also hope there is a currencies project other than USD so as to make cryptocurrencies users increase dramatically.
then I am sure investors, traders and all actors in the crypto world will be very happy and safe,
because USDT is able to provide an explanation of this important thing,
but remember if they avoid it then we have to get ready for something bad to happen, well hopefully not.
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
Such USDT is really a big good news for the owner.If all his reserves are explored and he shows them willingly and if there is no deception in him, he will become stronger.People will have more confidence in him and he will gain more popularity. 
I see no problems in asking transparency from them. Actually, it shouldn't be even needed to be US regulators asking for proof, but any investors and adopters should have access to these informations and documents when demanded. If USDT is legit and has everything backed and under control, they have nothing to hide. Transparency is the root of crypto universe and this same concept should be adopted by every projects belonging to this environment.
As long as US regulators don't put certain pressures and difficulties, and make things a big problem, this is actually a natural thing to do. However, if later it turns out to be problematic, of course, there will be worries for us crypto users, especially USDT users.So far, rumors regarding USDT are often heard and there have been many people who have suggested the use of a stablecoin which is indeed more secure and decentralized. However, on the other hand, we are used to using USDT. So, what we will do? We can just watch and see the next decision, but we must also be careful on every probability by preparing the second choices.
I see no problems in asking transparency from them. Actually, it shouldn't be even needed to be US regulators asking for proof, but any investors and adopters should have access to these informations and documents when demanded. If USDT is legit and has everything backed and under control, they have nothing to hide. Transparency is the root of crypto universe and this same concept should be adopted by every projects belonging to this environment.
What happened to UST hurt a lot of people, so I hope what happened to UST won't happen to USDT. It is therefore very good news for
the crypto community to know that the government is starting to investigate USDT, it can prevent the manipulation that many investors fear.
Moreover, USDT is a stablecoin with far more users than UST, it can even be said that USDT is a popular crypto with a very high demand.
So if there is no transparency from USDT, it can indeed threaten investors in the future. In order to give investors a sense of security when
using USDT, indeed need transparency to prove that USDT is not problematic.
I see no problems in asking transparency from them. Actually, it shouldn't be even needed to be US regulators asking for proof, but any investors and adopters should have access to these informations and documents when demanded. If USDT is legit and has everything backed and under control, they have nothing to hide. Transparency is the root of crypto universe and this same concept should be adopted by every projects belonging to this environment.
Same here, I also don't think that it is a problem to ask for transparency, instead I looked at it as good news since authority intervene so that the well-known stable coins that has been evading transparency had been ordered to provide one. If USDT proves that they really have the reserve in a 1:1 ratio then the confidence level of the users of USDT will go up. It will also bring peace of mind to holders because they know that the stablecoin won't depeg no matter how hard it got dumped because there is a reserve to accommodate those dumps.
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
Looks like we also need to know how far the Tether side is in developing their coin. If we look at the coinmarketcap list, the number of Tether continues to grow from time to time. If so, then Tether can buy up any amount of Bitcoin they want just by printing a new Tether. I think it's a positive idea if the US courts ask them to show the USD reserve amount. If they continue to print Tether, they will create inflation for other currencies. Actually we don't need Tether, we just need USD, and other local currencies.For example, in a country printing currency, say USD in the amount of 1 million dollars, then making a deposit in the crypto exchange as much as 100 thousand dollars, then the money circulating in that country is 900 thousand dollars. This will create a stable currency.
But the opposite is happening now. If the state minted a million dollar bill, and Tether minted a 1 million dollar coin. Then the US money supply in 1 year is 2 million dollar. So it is not in accordance with the country's foreign exchange reserves.
I see no problems in asking transparency from them. Actually, it shouldn't be even needed to be US regulators asking for proof, but any investors and adopters should have access to these informations and documents when demanded. If USDT is legit and has everything backed and under control, they have nothing to hide. Transparency is the root of crypto universe and this same concept should be adopted by every projects belonging to this environment.
it can be said that it is good news if it makes crypto positive value will be better, don't all crypto creators want recognition, maybe the initial usdt of all of this then goes to bitcoin and other alts,
Stable token being considered by government as serious assets that needs to be regulated. it's caused by stable token used fiat money to backed it and so regulation is needed to avoid potential for stable token to be manipulated. I think that's also the point why the government was giving order for stable token used to be transparent with its reserved funds.
Overall, this is good news, which will help us prevent manipulation or fraud in the first place. It can be seen that the collapse of the UST has cost thousands of investors and the government cannot let that continue, so the fact that USDT or other stablecoins are investigated by the government is good news for the market.
USDT is the largest stablecoin on the market but is often accused of not being transparent in the management and issuance of assets. Therefore, this is the information that the market has been waiting for a long time. If proven to be clean, USDT will be stronger and investors will feel more secure. If they make a mistake, they should handle it right from the beginning so as not to become the second UST.
If nothing makes USDT or Tether illegal I think they can provide valid shreds of evidence in the U.S court and I can also say that this is a piece of good news to say that USDT/Tether is clean when it comes to legality.
But if what they show they need becomes invalid in the U.S. court, it will be a big problem for sure. I just don't know if the bad news about the dollar is related.
Anyway, you should just chill and relax as far as I can see everything will be fine for usdt/Tether.
I would say that there is "some" illegal parts of it. Not because they are doing anything unethical or just scamming you, they could be legit and decent and still be found guilty, not for like a jailed type of crime, but for some SEC crimes which are related to finance and could be punished with just a fine, which could be millions of dollars but fine.But if what they show they need becomes invalid in the U.S. court, it will be a big problem for sure. I just don't know if the bad news about the dollar is related.
Anyway, you should just chill and relax as far as I can see everything will be fine for usdt/Tether.
They have billions, tens of billions of dollars from us and gave us something they created themselves out of nothing, that could always be troublesome in a court of law and that would be the case they are going against. Doesn't mean they have to be scammers, just that idea alone is a risky one.
it can be said that it is good news if it makes crypto positive value will be better, don't all crypto creators want recognition, maybe the initial usdt of all of this then goes to bitcoin and other alts,
Stable token being considered by government as serious assets that needs to be regulated. it's caused by stable token used fiat money to backed it and so regulation is needed to avoid potential for stable token to be manipulated. I think that's also the point why the government was giving order for stable token used to be transparent with its reserved funds.
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
I think this is definitely good news. People will definitely know that USD is a safe stable coin and fully soulful.If they can prove that, their popularity will surely increase and their validity will be proven and people will become more attracted to them.It will be easier for the USDT owner and he will be able to move more openly. 
it can be said that it is good news if it makes crypto positive value will be better, don't all crypto creators want recognition, maybe the initial usdt of all of this then goes to bitcoin and other alts,
Stable token being considered by government as serious assets that needs to be regulated. it's caused by stable token used fiat money to backed it and so regulation is needed to avoid potential for stable token to be manipulated. I think that's also the point why the government was giving order for stable token used to be transparent with its reserved funds.
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
For me, this could be good news, because if USDT reveals the truth and discloses the reserves backing its stable coin is proven to exist, then I think USDT will be stronger and will become good news, but if USDT is not able to reveal it then we must of course be prepared be prepared for the worst,
so don't miss out on this info about USDT.
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