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 think we need usd stable value crypto to understand what amount we are trading or making profit in usd. Few years ago it made possible by Tether cryptocurrency. After hearing all this staff i hope we have some valuable stable backed crypto like busd, dai, usdc etc. We can use them now. And i will not surprised if usdt lost in the market.
What's happening with USDT now is incredibly annoying. There are millions of USDT in circulation and the entire crypto market is reliant on it. The situation is quite upsetting indeed.