Post
Topic
Board Altcoin Discussion
Re: What if Tether (USDT) flips Ethereum (ETH)?
by
rexxarofmoknathal
on 24/09/2020, 16:33:50 UTC
Everything will remain the same just like when USDT was replacing ripple in the third position of CMC. More than 6 billion USDT already issued on ethereum chain

https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7

Mostly people prefer to use ERC20 USDT ratherthan omniUSDT or USDTtron

I personally always use ERC20 USDT

I agree with you and it does seem that most people prefer ERC20 USDT. Have a look at the DeFi launching projects and you will see that for all of these tokens you need ERC20 USDT. Most DeFi token sales go through an ERC20 system - coincidence? I think not.

It is possible that this trend burst at the same time as DeFi came about, that is a possibility indeed and can easily be traced back - but I'm not going to do that here, I'll only present the possibly  Roll Eyes