I would not completely trust USDT, because they are not backed by anything. The DAI project is covered in real dollars. Trust in USDT is gaining popularity in the crypto community and over time it will become a postulate. So far, users have in their portfolio a set of different stablecoins.
So many posts and users are trying to find out Tether trust in cryptocurrency. I trust Coinmarketcap data where Tether volume is more than Bitcoin. Some new altcoins trust USDT pair instead of Bitcoin or Ethereum for price dump. Tether is not making fake volume, I'm using Tether USDT to exchange. But in the future I will use DAI USD. 
Topic: Is USDT trusted to use? - page 2. (Read 1620 times)
Currently, USDT daily trading volume is over the Bitcoin trading volume and fourth highest market cap according to Coinmarketcap. My opinion is We can't trust the centralized stable coin to keep the money. Also, news around the USDT is not good, and it may be shut down by the authorities.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
i use usdt to convert my coin when the price drop, and i have no issue with that,
thats why in my opinion this alt is trusted, also i always have USDT in my portofolio maybe about 20% my friend
For a long time, there have been rumors that USDT will soon come to an end, but it never comes.
Although when they turn on their printing press every time, my opinion gets worse and worse.
In addition, the market already has a huge number of stablecoins such as - USD, USD, USD, DAI, PAX - as you can see, there are a lot of them to choose from.
If you don't trust stablecoins at all, keep everything in bitcoin.
Although when they turn on their printing press every time, my opinion gets worse and worse.
In addition, the market already has a huge number of stablecoins such as - USD, USD, USD, DAI, PAX - as you can see, there are a lot of them to choose from.
If you don't trust stablecoins at all, keep everything in bitcoin.
I would not completely trust USDT, because they are not backed by anything. The DAI project is covered in real dollars. Trust in USDT is gaining popularity in the crypto community and over time it will become a postulate. So far, users have in their portfolio a set of different stablecoins.
nothing can guarantee but as long as people use it means they believe it.
and it will also be very difficult to move from there, as almost everyone has been using usdt since the koib stable appeared.
and it will also be very difficult to move from there, as almost everyone has been using usdt since the koib stable appeared.
Yes USDT is trusted to use.
To my best knowledge this question has been raised many times, and the company behind it proved they had the reserves of US dollars to back up the crypto equivalent trading in crypto exchanges/peoples holdings of USDT. This should brush all doubt aside imho.
To my best knowledge this question has been raised many times, and the company behind it proved they had the reserves of US dollars to back up the crypto equivalent trading in crypto exchanges/peoples holdings of USDT. This should brush all doubt aside imho.
Now you already know the volume of USDT coin in the market is bigger than bitcoin, but you still ask about trusting USDT.
USDT coin is the most used stable coin in cryptocurrency and we already know that from its volume. Ive read somewhere that USDT is backed by real bank account.
USDT coin is the most used stable coin in cryptocurrency and we already know that from its volume. Ive read somewhere that USDT is backed by real bank account.
the picture is like that, because we do not know what the purpose of the USDT itself exists and who made it
Just as the name implies, it's basically a coin that is pegged to the USD at the rate of 1:1 (at nearly all times). As for the creators of USD Tether, they're legit despite their money laundering incident linking Bitfinix in 2018. I've been using it for over a year to hedge my trade if need be and it has worked well thus far.
the picture is like that, because we do not know what the purpose of the USDT itself exists and who made it
To me USDT is just a possibility hold "cash" in crypto without worrying about volatility because the price is pegged to the US dollar.
HODLing in BTC, for example, is not like that because the price is unpredictable, kinda.
HODLing in BTC, for example, is not like that because the price is unpredictable, kinda.
Yeah, I like USDT very much, because it's not affected by volatile cryptocurrency prices. So it's very safe to store our assets,
after all USDT has the highest trading volume even above Bitcoin. So in my opinion with such a large USDT demand, no need
to be afraid of using USDT. Because I believe USDT is trusted to use.
after all USDT has the highest trading volume even above Bitcoin. So in my opinion with such a large USDT demand, no need
to be afraid of using USDT. Because I believe USDT is trusted to use.
Oh wow magic, but is that not what fiat does exactly? Not affected by volatility? Because that is exactly what USDT is, pegged to a fiat.
But guess what if the fiat loses value, like who knows USD might,,, what do you think is going to happen to USDT?
And what happens when the company that issues it decides one day to just disappear?
it should not be trusted but it is trusted.
problems around usdt have been spotted for years and years, but for some reason USDT and people behind it has been able to keep it afloat.
Quite right, there has been a lot of FUD for USDT over the years. But someone made everything silent and it continued to grow. So we can still use USDT every day but do not rely too much on itproblems around usdt have been spotted for years and years, but for some reason USDT and people behind it has been able to keep it afloat.
it should not be trusted but it is trusted.
problems around usdt have been spotted for years and years, but for some reason USDT and people behind it has been able to keep it afloat.
Quite right, there has been a lot of FUD for USDT over the years. But someone made everything silent and it continued to grow. So we can still use USDT every day but do not rely too much on it problems around usdt have been spotted for years and years, but for some reason USDT and people behind it has been able to keep it afloat.
it should not be trusted but it is trusted.
problems around usdt have been spotted for years and years, but for some reason USDT and people behind it has been able to keep it afloat.
problems around usdt have been spotted for years and years, but for some reason USDT and people behind it has been able to keep it afloat.
Currently, USDT daily trading volume is over the Bitcoin trading volume and fourth highest market cap according to Coinmarketcap. My opinion is We can't trust the centralized stable coin to keep the money. Also, news around the USDT is not good, and it may be shut down by the authorities.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
Depends on what type of crypto user you are, for your information USDT can't be used to store fund that is from illegal entities, if you are involved in any hacks or illegal stuff you need to stay away, use decentralized stable coin instead, for this DAI got you covered What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
Currently, USDT daily trading volume is over the Bitcoin trading volume and fourth highest market cap according to Coinmarketcap. My opinion is We can't trust the centralized stable coin to keep the money. Also, news around the USDT is not good, and it may be shut down by the authorities.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
Any coin all has so many things around them including good or bad things and USDT is as well. You don't believe it but the vast majority of investors in this market still use it everyday despite many bad rumors
Currently, USDT daily trading volume is over the Bitcoin trading volume and fourth highest market cap according to Coinmarketcap. My opinion is We can't trust the centralized stable coin to keep the money. Also, news around the USDT is not good, and it may be shut down by the authorities.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
Any coin all has so many things around them including good or bad things and USDT is as well. You don't believe it but the vast majority of investors in this market still use it everyday despite many bad rumors
All stable coins can block funds on any wallet, this scares me very much if suddenly I get USDT from a fraudster and they freeze them on my wallet.
If you can't trust USDT because it's centralized well DAI is another stable coin that's available on binance presently and it's decentralized, I'm so satisfied with how USDT works so I don't have problem trusting it's Centralized platform
Yeah, I like USDT very much, because it's not affected by volatile cryptocurrency prices. So it's very safe to store our assets,
after all USDT has the highest trading volume even above Bitcoin. So in my opinion with such a large USDT demand, no need
to be afraid of using USDT. Because I believe USDT is trusted to use.
Tether is used at almost any exchange and if you want to switch to Fiat, USDT is the most convenient option for you. I have never been afraid to use USDT because in general this stable coin is safe for me and any investment I use this stable coin. In the past, there was a lot of FUD about USDT but the position of USDT still stands firmly in this market. after all USDT has the highest trading volume even above Bitcoin. So in my opinion with such a large USDT demand, no need
to be afraid of using USDT. Because I believe USDT is trusted to use.
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