Now there are many stable coins that can be used if you can't trust Tether. Tether is traded on various exchangers and I think this is one of the most reliable tether proofs and if you don't want to use tether as a stable coin, you can use credit cards or debit cards because almost all exchangers provide this facility
Tether is untrustworthy for me because of the audit thing before. Just because tether is used on all exchanges doesn't mean they can be trusted, i don't know why you wanted to use credit card, using credit card has a lot of fees compare to stable coin which has less fees and hassle, if preserving money is your goal. 
Topic: How safe is Tether.to/USDT? - page 8. (Read 7106 times)
For stablecoins like Tether, is its main ‘usefulness’ to facilitate crypto trades?
“Interestingly, stable coins have a two-sided distribution. So they do trade at premiums as well as discounts. And so there are a few reasons why, but the main reason that we focus on is its usefulness as a vehicle currency and what we mean by vehicle currency is that the point of Tether is to facilitate the exchange of cryptocurrencies.”
https://eng.ambcrypto.com/for-stablecoins-like-tether-is-its-main-usefullness-to-facilitate-crypto-trades/
“Interestingly, stable coins have a two-sided distribution. So they do trade at premiums as well as discounts. And so there are a few reasons why, but the main reason that we focus on is its usefulness as a vehicle currency and what we mean by vehicle currency is that the point of Tether is to facilitate the exchange of cryptocurrencies.”
https://eng.ambcrypto.com/for-stablecoins-like-tether-is-its-main-usefullness-to-facilitate-crypto-trades/
Now there are many stable coins that can be used if you can't trust Tether. Tether is traded on various exchangers and I think this is one of the most reliable tether proofs and if you don't want to use tether as a stable coin, you can use credit cards or debit cards because almost all exchangers provide this facility
Tether Held on Exchanges Could Help Forecast Bitcoin Bull Runs
“Most USDT isn't just being taken off exchanges to be stored in wallets or cashed out through a FIAT-based platform like Coinbase. When people aren't using USDT, they most often put it in Bitcoin. And what's cool is the fact that this USDT percentage often fluctuates a few hours or days in advance of BTC's price reacting to it. So monitoring this metric in advance can end up producing a tremendous advantage by catching a sudden fluctuation early enough.”
https://cointelegraph.com/news/tether-held-on-exchanges-could-help-forecast-bitcoin-bull-runs
“Most USDT isn't just being taken off exchanges to be stored in wallets or cashed out through a FIAT-based platform like Coinbase. When people aren't using USDT, they most often put it in Bitcoin. And what's cool is the fact that this USDT percentage often fluctuates a few hours or days in advance of BTC's price reacting to it. So monitoring this metric in advance can end up producing a tremendous advantage by catching a sudden fluctuation early enough.”
https://cointelegraph.com/news/tether-held-on-exchanges-could-help-forecast-bitcoin-bull-runs
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After several years of trading cryptocurrency,I think tether is safe,now if you are a trader, trading bitcoin,in times of fluctuations,I mean when there is usually a dip,with Tether being a stable coin,you can convert your bitcoin to tether and hold,price won't dip futher because it's stable.
The Tether can be a solution for people who don't want to see their bitcoin value up and down because Tether value is not up and down too deep. They can hold Tether for a long time until they see bitcoin price is down deeper so they can back to buy bitcoin at a low price. But they need to store the Tether in the other wallet and don't use the exchange wallet because that will not be safe for them. They can send some amount of Tether back to the exchange to buy any coins.
After several years of trading cryptocurrency,I think tether is safe,now if you are a trader, trading bitcoin,in times of fluctuations,I mean when there is usually a dip,with Tether being a stable coin,you can convert your bitcoin to tether and hold,price won't dip futher because it's stable.
There is no 100% security in the crypto space, but I think USDT's security level is acceptable even though it has some issues. Many exchanges list USDT, the top exchanges list it.
USDT never faces a security problem and all of smartcontract of USDT were fully audited and people should not feel worry about that. This is a trusted stable coin that already traded in all of exchange sites. What issues that you have been talking about?
There is no 100% security in the crypto space, but I think USDT's security level is acceptable even though it has some issues. Many exchanges list USDT, the top exchanges list it.
As Tether Supply Hits Record Highs, It Moves Away From Original Home
“At Tether, we truly care for Omni, since it was the first protocol that made Tether possible, and it also relies on Bitcoin security. But we had to give traders what they were asking for.”
https://www.coindesk.com/as-tether-supply-hits-record-highs-it-moves-away-from-original-home
“At Tether, we truly care for Omni, since it was the first protocol that made Tether possible, and it also relies on Bitcoin security. But we had to give traders what they were asking for.”
https://www.coindesk.com/as-tether-supply-hits-record-highs-it-moves-away-from-original-home
Do not keep coins on any exchanges, they aren't safe, USDT is a stablecoin pegged to dollar but it's Centralized kinda that's why I don't like using it, I think Dai and USDQ are better, anything decentralized are just safer
Tether Printer Goes Brrrr: 1.6 Billion USDT Minted In April As Bitcoin Recovers From March Loss
Tether, the issuer of the dollar-pegged stablecoin USDT, is in the limelight again as the company’s treasury minted fresh USDT worth more than a billion dollars in a single month.
https://cryptopotato.com/tether-printer-goes-brrrr-1-6-billion-usdt-minted-in-april-as-bitcoin-recovers-from-march-loss/
Tether, the issuer of the dollar-pegged stablecoin USDT, is in the limelight again as the company’s treasury minted fresh USDT worth more than a billion dollars in a single month.
https://cryptopotato.com/tether-printer-goes-brrrr-1-6-billion-usdt-minted-in-april-as-bitcoin-recovers-from-march-loss/
Tether just printed another $240m as demand for Bitcoin flourishes
Demand for Bitcoin has been skyrocketing in recent times, with this newfound excitement from investors coming mere weeks before the benchmark cryptocurrency undergoes its highly anticipated mining rewards halving event.
https://cryptoslate.com/tether-just-printed-another-240m-as-demand-for-bitcoin-flourishes/
Demand for Bitcoin has been skyrocketing in recent times, with this newfound excitement from investors coming mere weeks before the benchmark cryptocurrency undergoes its highly anticipated mining rewards halving event.
https://cryptoslate.com/tether-just-printed-another-240m-as-demand-for-bitcoin-flourishes/
Tether Mints $120 Mln Worth of USDT. Bitcoin (BTC) Price Boost Incoming?
The Bitcoin (BTC) price spikes two percent as Tether prints $120 mln USDT to address future demand
https://u.today/tether-mints-120-mln-worth-of-usdt-bitcoin-btc-price-boost-incoming
The Bitcoin (BTC) price spikes two percent as Tether prints $120 mln USDT to address future demand
https://u.today/tether-mints-120-mln-worth-of-usdt-bitcoin-btc-price-boost-incoming
The only people trust is BTC actually but tether gives opportunity to earn more BTC if a trader just knew what he is doing.
My question however is if you get to have a ton or tether stored in your ether wallet, is it safe that USDT will live long until the market once again flourish because if the tether.to end up scamming or seized by government, USDT will be doomed and your money is gone. Is this posible?
Still don't understand the use case for Tether, other than as a temporary place to park value between trades on the ever diminishing number of exchanges that don't settle in fiat.
Anything as a centralized-corporate based must be NOT safer to work with as government may seize them at any time. When facebook was first talking about their stablecoins, the American senate people were empathizing about strictly following all the federal things before issuing a stable token because if you want be a bank then you must make yourself a bank first. Migrating an asset with fixed value cannot work. By this way tether may face allegations at any time even they will not be covered under US/European laws.
We can make use of tether and I guess as it is a stablecoin, most of us not holding it. As long as we are not holding them for longer periods, I guess we are all safe with tether right away but anything may happen in near future so get ready to face them at any time.
We can make use of tether and I guess as it is a stablecoin, most of us not holding it. As long as we are not holding them for longer periods, I guess we are all safe with tether right away but anything may happen in near future so get ready to face them at any time.
You can store Tether in your own wallet or one of the more reputable exchanges if you want to hedge against volatility for Bitcoin and any alternatives that are pegged to it and this is often done by day traders and smart investors
True, if we want to assess the value of assets that are already in the wallet it is better to save in the form of Tether, because Tether is a very stable token and sometimes those who store Tether can also benefit from a slight increase in Tether prices. 
You can store Tether in your own wallet or one of the more reputable exchanges if you want to hedge against volatility for Bitcoin and any alternatives that are pegged to it and this is often done by day traders and smart investors
it's better to keep a tether in a personal wallet, so we can take full responsibility for the security of our assets. indeed save on an exchange that has a good reputation is safe, but this will increase the risk, because we entrust assets to other parties. and we don't know going forward about the exchange 
It's been 4 years when you made this topic mate but I wonder answer is still the same. No exchange came in these years that we can trust their security blindly and USDT still don't have 100% safety as their some activities look suspicious! If I had 10K USD for hodl, then I would convert that into USDC and hodl in a hardware wallet. If someone asks me about it, I will suggest them the same, because USDC and Hardware wallet is better in every way!
You can store Tether in your own wallet or one of the more reputable exchanges if you want to hedge against volatility for Bitcoin and any alternatives that are pegged to it and this is often done by day traders and smart investors
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