In later days parcels of awful news are hearing from USDT and what will be happen on the off chance that the USDT could be a scam, should i alter other steady coin, any recommendation for the steady coin?
For over the years we heard so much complain about this USDT, so I can’t say that it is safe but as far as my experience, everything was great. You don’t have to worry now because there’s a lot of options for a stable coin, just choose what you need and you’ll be good. Don’t think its a scam, its been years not yet they are still operating, just be ready for the risk. 
Topic: USDT a trustable? - page 2. (Read 178 times)
In later days parcels of awful news are hearing from USDT and what will be happen on the off chance that the USDT could be a scam, should i alter other steady coin, any recommendation for the steady coin?
As far as I know, this is not the first time bad news comes in about USDT and every time nothing bad happens. However, this does not mean that this information should be ignored. Now is the time when anything can happen on the cryptocurrency market, and therefore you need to follow the information and what is happening as closely as possible. This is the only way you can be aware of the changes and take the necessary actions in time. But if you are worried about USDT, then you probably better not keep your funds in this crypto asset and choose another stable token, for example BUSD.
This has been asked many times before and the answer is always the same; it is not trustable. Nothing is trustable, even bitcoin is not really fully trustable, sure we are doing fine right now but what about in 20-50 years when quantum computing is a thing and any quantum computer could hack into any wallet in a second? Not saying that will happen, there is a 99.99999% security in bitcoin but never would say 100%.
On the other hand USDT is owned by a company, a company that is working in some off-shore shady island and away from most big nations, those nations could charge them with something (like it was done last year) and Tether could pay it if they want to, however they could just ignore it and be wanted in USA and still live their life without a problem. This is why I doubt that it would be something that is safe if you just trust all your money with it.
On the other hand USDT is owned by a company, a company that is working in some off-shore shady island and away from most big nations, those nations could charge them with something (like it was done last year) and Tether could pay it if they want to, however they could just ignore it and be wanted in USA and still live their life without a problem. This is why I doubt that it would be something that is safe if you just trust all your money with it.
rather than saying about a scam I think I'd rather call it a complaint. and actually the complaints about this have been going on for several years but the longer the complaints are getting more and more.
on the other hand, now stablecoins have been caused by various complaints against USDT and maybe when you feel that USDT is not safe anymore if you want a stablecoin, why not move to another because there are several stablecoins that are well known today
on the other hand, now stablecoins have been caused by various complaints against USDT and maybe when you feel that USDT is not safe anymore if you want a stablecoin, why not move to another because there are several stablecoins that are well known today
In later days parcels of awful news are hearing from USDT and what will be happen on the off chance that the USDT could be a scam, should i alter other steady coin, any recommendation for the steady coin?
you can try to pick up some like DAI, BUSD, PAXOS. The only problem is how can you trust them all? they are the same like USDT and the only thing that makes it different was DAI caused by DAI was decentralized stable coin unlike the rest which have been fully controlled by the a company like tether. If you wanna get the full list of stable coins and then you should visit this link
https://coinmarketcap.com/view/stablecoin/
Terra USD and true USD were also good enough
so far there is a lot of negative news about USDT, but I also still use it according to my needs, if I can't use USDT, I use BUSD. other than that, so far, my most stable coin asset is BUSD. however, with the link above, you can determine which coin stability you prefer, and more suited to your needs.
In later days parcels of awful news are hearing from USDT and what will be happen on the off chance that the USDT could be a scam, should i alter other steady coin, any recommendation for the steady coin?
you can try to pick up some like DAI, BUSD, PAXOS. The only problem is how can you trust them all? they are the same like USDT and the only thing that makes it different was DAI caused by DAI was decentralized stable coin unlike the rest which have been fully controlled by the a company like tether. If you wanna get the full list of stable coins and then you should visit this link
https://coinmarketcap.com/view/stablecoin/
Terra USD and true USD were also good enough
There are a lot of rumors around, but it is very strange to hear accusations towards this coin from the supporters of mem coins, the price of which is the factor of the financial pyramid, where the first bought 5 cents sells on 10trates to be interformed at 25 price. There is no constructive criticism, the only thing that sounds more reliably. Not everyone believe in the fact that they have so much money how many issues of emission.
In later days parcels of awful news are hearing from USDT and what will be happen on the off chance that the USDT could be a scam, should i alter other steady coin, any recommendation for the steady coin?
I wouldn't say it's a direct scam, but there are a lot of complains about it in the last couple of years and that's why a lot of stable coins have been born because of this accusations.
I won't recommend any, but I would say that it's better to DYOR here.
Maybe want is good for me, won't work for you in the long run. There's a lot of choices right now, unlike before wherein we only have Tether.
DAI for stable coin, it's decentralized stablecoin. About the thing with USDT, if you've heard of the news earlier this year about them freezing funds from different addresses, you'll get to understand what they can do. Although they've frozen those addresses that are related to scam, fraud and hack. It's possible that they can freeze any address at their will.
In later days parcels of awful news are hearing from USDT and what will be happen on the off chance that the USDT could be a scam, should i alter other steady coin, any recommendation for the steady coin?
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