USD Tether is a Bitfinex issued ERC-20 token which is claimed to be backed by dollar at 1:1 ratio. There are controversial opinions about this and some say it's a scam.
Do you trust USDT or believe it might be a scam?
Your thread was created in 2020 and so far, USDT has never been a scam. I just don't think your statement is basic. USDT was created to be a stable coin not a scam coin. and it is proven that currently USDT is still the most popular stable coin, and is a coin for price comparison on the exchange