Quote from: Tipstar on August 08, 2020, 01:16:09 PM

Quote from: chattingtut on July 29, 2020, 07:26:30 PM

usdt tether market cap grows from 4,6 billions to 10,800 billions from March 2020

For last week - when btc jumped from 9 000 to 11 000 - tether issued 800 millions usdt

Do you think tether really has fiat for backing this usdt? Wink

Tether with so much of accusation has done nothing to verify their backing. I've been trying to avoid USDT as much as possible. Switched my base currency to USDC but many exchanges still only let users trade with USDT. Even in binance, the default trade window is BTC/USDT and in hurry, people may mistakenly sell BTC for Tether.

You dont understand that the government will always try to kill any cryptocurrency wich they can touch. USDT has been accused many times, but this stablecoin will always remain the most popular in the market and will not disappear anywhere.