I could wish the USDT market was bigger, as I would rather avoid holding BTC during this period of relative BTC weakness and volatility. Alas, the turnover is just too low there to usefully trade the vol by hand. (Also, once my XMR levels are back, I need to book in BTC to fund my constantly losing NQ bear spreads, so USDT is just one more layer of conversion friction.)
Do you really know what USDT is about?
From the Tether terms of service:
There is no contractual right or other right or legal claim against us to redeem or exchange your Tethers for money. We do not guarantee any right of redemption or exchange of Tethers by us for money. There is no guarantee against losses when you buy, trade, sell, or redeem Tethers. - tether.to/legal
Tether: not even a scam
https://bitcointalk.org/index.php?topic=1881199.020,000,000 tether tokens were created today
https://bitcointalk.org/index.php?topic=1936774.0Nevertheless Tether is listed at $1.03 on coinmarketcap.com this morning after dipping to .93 a few weeks ago. I don't get it. Tethers are extremely dangerous to hold, IMO.