Topic: Is USDT Tether safe? - page 18. (Read 23520 times)
tether is a safe place to rest when trading or investing. if you want to buy coins and wait for prices, then you can place funds in USDT, these coins tend to be stable in price, making it suitable for a stopover before you make a transaction. although there is big news whether it is positive or negative, so far tether has remained in its position
Currently still safe and also tether is not too affected by issues that were crowded yesterday for example, such as cases of hack or something. it's just that if you want to use tether you have to be patient because the speed of Omni transactions can sometimes be very long compared to using Stablecoin with ethereum platforms like usdc is faster.
Why we need USDT if i play in cryptocurrency market, i focus on trading, this mean buy and sell coins may increase over the time, but USDT has fixed value why i use it.
I know may some use it avoid unstable market, but i do not like USDT.
I know may some use it avoid unstable market, but i do not like USDT.
Another day of USDT market manipulation....
https://cointelegraph.com/news/tether-mints-300m-usdt-in-chain-swap-corresponding-burn-still-awaits
https://cointelegraph.com/news/tether-mints-300m-usdt-in-chain-swap-corresponding-burn-still-awaits
USDT is the safest cryptocurrency of all time, zero fluctuations and never part of what pulls down the market cap.
USDT is one of the most used stable coins on the market and I prefer it to any other stable coin. It is used to stop loss especially in market conditions where a coin in possession is very difficult to predict which trend it might go, either up or down. It is number 6 on coinmarketcap and I can vouch for its safety.
Now more than half of the trading on the cryptocurrency market takes place through USDT. This is a very good and reliable system in the cryptocurrency market.
USDT is one of the most used stable coins on the market and I prefer it to any other stable coin. It is used to stop loss especially in market conditions where a coin in possession is very difficult to predict which trend it might go, either up or down. It is number 6 on coinmarketcap and I can vouch for its safety.
Yes for now its safe and will always look to be safe because apparently there is no significant price variation in it. Its a stable coin that posses minor or no harm to investors
USDT is still in vogue, a lot of exchanges uses it, So there is nothing wrong in using it. Well, a new might come up in future, but that is nt relevnat for now. Although, it was said that it is also used in manipulating the market, yet it can be useful by individuals.
I am also looking forward to the time I will start using it.
I am also looking forward to the time I will start using it.
What is clear is that the USDT is not a legal currency, the conditions are the same as other cryptocurrency. my advice is to use theter only for payment, not for investment
Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?
Usdt has been on the market and there is bad news about this coin , but as of now a lot of stablecoin , it is better to diversifitsirovat and keep not only in usdt , take another tusd and usdc , these coins have passed the audits. No in this market there is lots of stable coin available. But few year earlier there was very few stable coins and usdt is most popular among them. And people used it with no doubt. But suddenly a fud came to the market that it is not fully backed by asset and they printed usdt whenever they wanted. Suddenly the whole stable coin market started to swing. Many stable coin started to come some big company and some big company exchange started to offer it. But I am still using usdt and its working fine for me.
Not fud, facts came out and the lies were exposed.
No in this market there is lots of stable coin available. But few year earlier there was very few stable coins and usdt is most popular among them. And people used it with no doubt. But suddenly a fud came to the market that it is not fully backed by asset and they printed usdt whenever they wanted. Suddenly the whole stable coin market started to swing. Many stable coin started to come some big company and some big company exchange started to offer it. But I am still using usdt and its working fine for me.
https://beincrypto.com/tether-co-founder-it-doesnt-really-matter-if-usdt-backed-by-equal-amount-of-dollars/
The whole crux of the Tether controversy rests on the fact that the leading stablecoin likely is not backed by what it claims to have in reserves. With the Tether Treasury minting more USDT on a semi-consistent basis, it may feel like a lot of USDT is just some hot air based on ‘trust.’ However, in a shocking admission by the co-founder of Tether, that may just be all there is to it.
As Lisa Abramowicz of Bloomberg Radio reports, William Quigley, both the CEO of WAX and the Co-founder of Tether, believes that having the exact amount of USD reserves to back USDT is not that important. In fact, what is important is that investors believe it is worth $1.
Made it a bit larger for those that cant read clearly. The whole crux of the Tether controversy rests on the fact that the leading stablecoin likely is not backed by what it claims to have in reserves. With the Tether Treasury minting more USDT on a semi-consistent basis, it may feel like a lot of USDT is just some hot air based on ‘trust.’ However, in a shocking admission by the co-founder of Tether, that may just be all there is to it.
As Lisa Abramowicz of Bloomberg Radio reports, William Quigley, both the CEO of WAX and the Co-founder of Tether, believes that having the exact amount of USD reserves to back USDT is not that important. In fact, what is important is that investors believe it is worth $1.
As for me, USDT is safe, I often use it and it suits me completely like steyblkoin, but on the other hand I hear a lot of negativity in its direction
For now, it seems to be safe, especially for those guys, who want to save their money from inflation. Despite the fact that Tether is a very ambiguous token, at the moment it is the most popular and most sought after. For sure, all USDT coins are secured with real US dollars, and Tether's assets always exceeded the market capitalization of cryptocurrency. Let us wait what happens with it when Libra appears.
Why is this thread full of liars and people that have no clue on what they are talking about?
USDT IS NOT secured with 1-1 real dollars, they admit this themselves.
75% backed with a mix of assets...which are unknown....and more important is the transaction order before USDT gets printed is unknown.
Never been audited.
The USDT scam will end soon and many will lose alot of money.
Prepare now, there will be not be enough liquidity to change into real $.
You have all had plenty of warnings, so dont cry when USDT gets shut down, exchanges close down and take your funds.
As for me, USDT is safe, I often use it and it suits me completely like steyblkoin, but on the other hand I hear a lot of negativity in its direction
For now, it seems to be safe, especially for those guys, who want to save their money from inflation. Despite the fact that Tether is a very ambiguous token, at the moment it is the most popular and most sought after. For sure, all USDT coins are secured with real US dollars, and Tether's assets always exceeded the market capitalization of cryptocurrency. Let us wait what happens with it when Libra appears.
Hello.
Can it be exchanged 1:1 ratio to USD and where?
In other words where could I get 100 USD for 100 TUSD?
Can it be exchanged 1:1 ratio to USD and where?
In other words where could I get 100 USD for 100 TUSD?
As safe as the dollar is, its basically US dollar in digital form so perhaps the correct answer is no, not safe at all, at least not from the cartels of central banking
Now everyone uses the digital dollar as their main asset in the cryptocurrency market. Even Bitcoin now has less liquidity than USDT on the market. 
For me it is so very risky. It is not advisable to hold USDT specially in a long term investment. Actually all of crypto is risky specially USDT this is only back up and unlike bitcoin USDT nothing proves it's power yet. So for me even bitcoin will suffer in dump situation I will still trust and invest in BTC rather than USDT. But remember that nothing is safe in this industry.
If you want to make a profit then you will definitely use USDT because this is a stable coin that is always stable at $1. In fact, if you hold Bitcoin, it will not make you a profit if you don't sell and holding USDT will tell you exactly the profit so you can consider the next investment. In this market, USDT is considered as Fiat and you can buy or sell any coin available in this market.
As safe as the dollar is, its basically US dollar in digital form so perhaps the correct answer is no, not safe at all, at least not from the cartels of central banking
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