Post
Topic
Board Altcoin Discussion
Re: Is USDT Tether safe?
by
vennali
on 03/05/2019, 07:40:16 UTC
I think USDT can be trusted, because if not them then where to get a stable coin through which you can record profits?
Thats an invalid excuse to trust something that might scam later. There are many stable coins. These include USDC which is offered by Coinbase, and then there is Dai which is backed by dollars and has proof to do so. With tether, nothing is audited, so you might end up holding nothing but 0 value coins incase they get audited and it comes to light they are not backed by actual dollar.