I don't know about the dai or sai you said but I know USDT can be trusted as it as been around for a very long time. The mean reason why its trading volume is increasing is because the of the COVID19 crisis that is affecting the market. People are using USDT to preserve the price of their money.
Yes, that's right, USDT tokens are always used by many people in terms of maintaining the value of their money in the market, because USDT tokens are tokens that have been proven in price stability and everyone certainly likes it. 
Topic: Is USDT trusted to use? - page 8. (Read 1600 times)
Even USDT has bad reputation, it is still the biggest and most trusted stable accepted by almost every crypto exchange. DAI looks good technically, but only on paper, I am afraid that if the market crash, the price will not resist because it won´t be backed by enough Ethereum coins.
Actually USDT is also volatile and sometimes costs 0.9-1.1 dollars! I remember in October 2018 the value of USDT fell to 0.6 dollars...Well, if the market collapses, USDT can't resist either! Because USDT is also not secured by the dollar!
There are good alternatives: USDC and Gemini Dollar, both are audited by independent audit companies that provide enough credibility. But now I would be more afraid because central banks want to fight with all stable coins.
Keep calm dude and you should not feel worry about that. We have seen so many times central banks were also saying the they will ban crypto and bitcoin but the opposite thing is happening as the result from the strong community behind crypto. The only main concern if all of stable coins must be audited to verify the reserved funds to issue the stable coin.
never hear of dai or sai but looks like these coins are less trusted than usdt so i still go for usdt .
trading volume for usdt is not questionable since usdt is a popular stable coin and verry useful nowadays that the market is now verry volatile . and why news around usdt are going to shutdown ? bad news or good news is normal and i never heard a news that had been shutdown before . lastly if you dislike centralized coins then fine dont use it but i cant say that being centralized are bad .
trading volume for usdt is not questionable since usdt is a popular stable coin and verry useful nowadays that the market is now verry volatile . and why news around usdt are going to shutdown ? bad news or good news is normal and i never heard a news that had been shutdown before . lastly if you dislike centralized coins then fine dont use it but i cant say that being centralized are bad .
To be honest, there is no safe altcoin in this market. Even Bitcoin has a lot of FUD and its price could collapse anytime. If you enter this market you should take risks, I have been using USDT for about 3 years and have not had any problems with it. And hopefully it will go smoothly in the future
as far as I know, no one can guarantee the security of all cryptocurrency trading that you do because if you do trading activities like this, all cryptocurrency prices can fall suddenly because of fluctuating price movements, when you want to enter a cryptocurrency, be careful careful is more important.
To be honest, there is no safe altcoin in this market. Even Bitcoin has a lot of FUD and its price could collapse anytime. If you enter this market you should take risks, I have been using USDT for about 3 years and have not had any problems with it. And hopefully it will go smoothly in the future
There are good alternatives: USDC and Gemini Dollar, both are audited by independent audit companies that provide enough credibility. But now I would be more afraid because central banks want to fight with all stable coins.
Even USDT has bad reputation, it is still the biggest and most trusted stable accepted by almost every crypto exchange. DAI looks good technically, but only on paper, I am afraid that if the market crash, the price will not resist because it won´t be backed by enough Ethereum coins.
to use? I think that's trusted...
to transact USDT is much better than Bitcoin because the exchange rate is more stable when compared to Bitcoin.
to transact USDT is much better than Bitcoin because the exchange rate is more stable when compared to Bitcoin.
USDT has been successfully existing for over 5 years and everything is fine! Although I myself am not a follower of the digital dollar on the blockchain, LOL! But still USDT sometimes saved me from financial losses! It is on all stock exchanges, which is not the case with other stablecoins! The only thing I can advise you is not to keep your money in USDT all the time! 
For me, USDT is like Fiat and I totally believe in it. This market could collapse and bitcoin could fall heavily. But I believe USDT will never collapse as if because they are backed by USD. So it is very safe for you to use without doubt
To me usdt is the most trusted and the loss isn't as huge as others, it's a stable coin and it's something one can have and forget it for months still come back and meet it same way without much panic, usdt is the most and more trusted coin to use moreover it's a stable coin so not a coin one should be scared of. I could remember when market went down including usdt but usdt hard to pick up back to its usual rate while others couldn't. This is the market.
How come people managed to accept centralization? At what point did that started? Tether is a company that prints out whenever they want and sells to you and can control it whenever they want, they could literally reverse it if they want to and just pure owner of all of them and rents it out to you for ownership for a period and you guys all pay for it. When did we start accepting centralization?
I think it may all started back when coins where actually never printed or minted beforehand, they were released with wallets and you started to mine it, nobody owned it, nobody controlled it, nobody was the creator or the owner or whatever, one day ICO started and all of these projects printed their coins beforehand and sold it to you to make money and told people they will use that to improve it, and people believed. Ever since that day we are not really doing all that well anymore and accepted centralization.
People can Trust USDT but for a short period of time coz it can be controlled like Fiat. The deal should be if you trading and Altcoins are losing covert to USDT when they start to bull you recover your tokens from USDT. So it's very risky when you use it for a long time, you might lose big time.
Many people trust usdt, but i personally avoid using this stable coin, too many bad news behind usdt, I choose usdc if i want to hodling usd stable coin, it more credible than tether in my opinion, but i rarely hodl fiat stable, because im not a daily trader
There is no reason for you to be disappointed with USDT because this coin is still significantly better than other stable coins and the value of USDT is always at $1. I think the USDT fud news doesn't affect your assets so this coin is still good for everyone. Currently, other stable coins such as USDC, BUSD, TUSD are only alternatives and cannot compete with USDT.
It has a good liquidity if we were to use compare to DAI
But somehow i would say if you wanted a more flexible trading options, go for USDT as you can see Binance uses USDT but not DAI
But somehow i would say if you wanted a more flexible trading options, go for USDT as you can see Binance uses USDT but not DAI
USDT is the most trusted cryptocurrency among others. It's even safer than Bitcoin iteslf. Usually, they call Bitcoin gold, but I'd say that USDT is real gold. It's stable so if you want to have smth constant in crypto, hold this stablecoin.
What's the benefits to hold stable coins? It’s ridiculous opinion i think. How is it compare with BTC? I do not think stable coins are most legitimate even though you mentions it better than BTC. No way to keep too much trust in Tether & all of stable tokens. But among of them i am going to prefer to USDT. It’s unfair to making comparison with BTC. 
The USDT is referred to as a satabil coin if to invest must require large capital to be able to provide big results but if you don't have big capital
it's better to invest in another coin like LTC and BNB both coins can pump high in a short time
it's better to invest in another coin like LTC and BNB both coins can pump high in a short time
Many people trust usdt, but i personally avoid using this stable coin, too many bad news behind usdt, I choose usdc if i want to hodling usd stable coin, it more credible than tether in my opinion, but i rarely hodl fiat stable, because im not a daily trader
in my opinion to USDT is still very reliable, all exchanges using USDT as PAIR of coins and tokens, and replacing fiat currencies,
and USDT is very helpful, I do not know going forward about this USDT project, but the most important is now USDT is still feasible for you to believe.
and USDT is very helpful, I do not know going forward about this USDT project, but the most important is now USDT is still feasible for you to believe.
Jump to: