I think it's still safe. Tether coin which is in the top 10 and the current order of Tether is at no 4 CMC. Surely they will make sure if anything happens to the people who deposit funds with them. They can still be trusted in the market.
tether is a stable coin which has many uses. By seeing such a large and correct capitalization at the top of coinmarketcap, I think tether will remain safe, unless there will be big news that makes it difficult for tether, of course it can happen, and not only to tether but also to other coins. I think trust is still high, making tether safe as a stable coin 
Topic: Will Tether crash to $0? - page 11. (Read 2045 times)
I think it's still safe. Tether coin which is in the top 10 and the current order of Tether is at no 4 CMC. Surely they will make sure if anything happens to the people who deposit funds with them. They can still be trusted in the market.
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
you dream, wake up quickly and wash your face it's impossible because it's called "stablecoins" which means the facultative price is ±$1 usd, it won't be 0.97 usd or 1.02 it will be in that rhythm.Are you sure that the price of stablecoins can’t be 0.97 or 1.02? Actually it happens quite often when investors are too active. Of course, it is fixed by arbitrageurs very quickly, but still stablecoins are not always 1$. Talking about algorithmic stablecoins, the situation with them is even worse. They really can drop to 0$ if people cease trusting them.
Except they have a legal issues that will go beyond fixing otherwise it is highly unlikely for such an established company (regardless of the rumored loopholes) to go to zero, however, there is a possibility such situation can happen when there are serious issues that may leads to government intervention, besides, there are many other recommended stablecoin options out there in the case where you are not comfortable using tether reserve your funds, it is hard to tell what actually is happening with tether, all I have heard is rumours of not being properly audited.
I've been using tether for 2 years now and I feel tether is one of the best stable coins out there. There have been concerns about tether in the past. But remember tether is a mainstream stablecoin and 3rd in the market cap after Bitcoin and Ethereum. Therefore do not worry about its downfall, its very unlikely to happen. But you can always split up your money in USDC and USDT to make sure your funds are safe.
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
how is that possible to crash upto $0 wherein at the first place it has the same price with us dollar.. Indeed ever since before i never seen price of tether that fluctuate so hard like other cyrpto because of being so volatile as it's a very stable coin. Perhaps you are talking when it was new in the market and not yet finished to calculate all the data in order to display the real price itself.. Because you know it will going back to zero unless dollar value decrease as well, if not then it's impossible to happen. Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
if you are still unsure about usdt tether then just choose busd because it is quite safe...but in my personal opinion usdt is safe enough so you don't have to worry about it, currently the circulation of usdt is compared to the circulation of usd dollars and usdt has been in the top 5 market cap for a long time, so there's nothing you need to worry about imo.
If you are going to ask me, I think it is not possible for the token to come to a price that is 0 dollars. The only possible thing that would make this happen is if all the exchanges would decide not to deal with tether anymore or countries would band together and decide that crypto will not be legal tender. A lot of countries has been adopting crypto for the longest time and it is very unlikely that this kind of scenario will happen. I really doubt it.
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
it won't happened that and really impossible for tether crashing down to $0 since USDT now a days has the largest trading volume in the market for trading pairs. Tether also is safe and trusted coin for storing assets and funds.this scenario can possibly happen if up until now, they are not yet fully backed by USD assets. but we can't know the absolute truth about their assets. because the last time, year 2019, they admitted they were not fully backed. so how are going to verify their assets now? so if in case they are still not fully backed and the community/investors will learn about the truth, this can trigger the pull-out of investors because of the loss of trust. but til then, tether can enjoy their position in the market. hopefully, we will not hear again the same statement that they are not fully backed.
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
it won't happened that and really impossible for tether crashing down to $0 since USDT now a days has the largest trading volume in the market for trading pairs. Tether also is safe and trusted coin for storing funds. Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
Better not. You know that they can freeze funds although there's a certain reason for that. But knowing that fact makes you think that what if that happens to you surprisingly without doing anything? Could you retrieve your funds or you cannot anymore?If you're wanting to use a stable coin, there's DAI and that's a decentralized stable coin that you're going to be worry free upon transferring your wealth on it or saving profits on that coin.
I don't think it's possible, because USDT has the largest trading volume of all stablecoins or there are still many traders who use this coin for trading pairs. So, as long as the coin is still widely used, has a real function, has a large volume then it is impossible like USDT to return at a price of $0.
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
Impossible since it was backed up by $1 and it will only reach 0 if the the dollars value became 0 too which is impossible. In regards with your question yes it's safe to hold your fund it will save you from crashing too if the market will crash, also it's the most stable coin in the market so you should not worry about it that much, it's impossible for it to reach 0.
All I'm trying to say is that USDT (Tether) is more risky than other stables like USDC due to their unfolding jurisdictional case, due to which one can't predict with certainty which direction it will take.
For the time being, we may still be safe using tether as a means of storing assets in the market, but tether could fall to zero if there is a momentum that makes it crash so that many investors leave the coin and use other better stable coins.
When it will be failed to be transparent about the reserved fund and then there will be lots of people will try to dump their tether and this will create a big dump that will make the price of tether to go to the bottom. That will make tether worth zero value.
The question is whether another stable coin can be even more reliable than tether?
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
you dream, wake up quickly and wash your face it's impossible because it's called "stablecoins" which means the facultative price is ±$1 usd, it won't be 0.97 usd or 1.02 it will be in that rhythm.Are you sure that the price of stablecoins can’t be 0.97 or 1.02? Actually it happens quite often when investors are too active. Of course, it is fixed by arbitrageurs very quickly, but still stablecoins are not always 1$. Talking about algorithmic stablecoins, the situation with them is even worse. They really can drop to 0$ if people cease trusting them.
There are many charges against usdt but what can I say? It's a pure centralised stable coin so it's going to be used for illegal activities but yes usdt is still my favourite and I use it to store money but my advice is to diversify your money into other stable coins as well cos anything can occur
criminals will get caught then if they using centralized coins such as usdt but it was decentralized cryptos that are anonymous and being used by many criminals .it still up to us if what use we want in our cryptos , theres still many people use usdt for good .
i dont believe that tether will drop to zero because of how stable it is and it also has a lot of users but there are other stable coins with less issues that we can use .
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
For a big platform or coin like Tether, crashing to $0 is not possible, what will even make it to crash to $0 when it has stayed around for years. The market cap of Tether shows the stablecoin has gotten enough recognition thus will be hard for any type of fud to push it down to nothing. Let's be realistic, many charges were filed against Tether and for many years nothing has been heard and even at that, people are still using it, that is to say, the team knows exactly what they are doing and what to do to maintain their growing ecosystem.
It's not like there are no other stablecoin, but there many now, yet no amount of fud or bad news has been able to make Tether become a lesser stablecoin.
Holding of stablecoin is a choice, and I don't think people hold for long since it is stable, but yet a lot of people are still holding Tether, in the same way, a lot of people believes DAI is better, and now we have BUSD which is from a reputable exchange and of course it is good as well; so you can make your decision and know which one to go for, but in my own opinion, all are good.
There are many charges against usdt but what can I say? It's a pure centralised stable coin so it's going to be used for illegal activities but yes usdt is still my favourite and I use it to store money but my advice is to diversify your money into other stable coins as well cos anything can occur
I think this is impossible on this token, the entire economy of cryptocurrencies is now supported, this token is absolutely on all exchanges since it is already a standard. I do not know what should happen for the value and the price to fall to zero, I do not believe in it. Yes of course there is alternatives, but the standard is now usdt.
USDT is the main stablecoin available on all exchanges and there is no way USDT can just drop to $0 price, although the coin is stable but it can be in the top 3 coins on CMC list and I think USDT will continue to grow big in the crypto market. 
According to the latest data tether's dollar assets are only 3.87%
https://siliconangle.com/2021/05/13/tether-releases-reserve-breakdown-3-87-us-dollars/
Which means for every tether you got, they can only back it with 3,87 cents. They have some other assets as well but from what I've understood they are mostly corporate bonds and there is another scam going on there so yeah, tether is a ticking bomb.
https://siliconangle.com/2021/05/13/tether-releases-reserve-breakdown-3-87-us-dollars/
Which means for every tether you got, they can only back it with 3,87 cents. They have some other assets as well but from what I've understood they are mostly corporate bonds and there is another scam going on there so yeah, tether is a ticking bomb.
Jump to: