Post
Topic
Board Altcoin Discussion
Re: Is USDT trusted to use?
by
marks1976
on 18/07/2020, 07:02:26 UTC
Although USDT is being used by a vast number of trading site. It is a not a good option to transfer money from USDT to another USDT wallet. There are tons of horror stories about failed transaction so for me it cannot be trusted.

Currently, USDT daily trading volume is over the Bitcoin trading volume and fourth highest market cap according to Coinmarketcap. My opinion is We can't trust the centralized stable coin to keep the money. Also, news around the USDT is not good, and it may be shut down by the authorities.

What is your opinion about the USDT coin?

I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
Is that really true though? as far as I'm concerned it just works like any other token out there. I mean so many people have used USDT for transfer but they're doing just fine. maybe small fraction amount of people are doing somekind of mistake when sending their transaction.