Post
Topic
Board Altcoin Discussion
Re: What is the real deal on USDT Tether?
by
Tytanowy Janusz
on 30/05/2021, 09:22:01 UTC
Tether is full of controversies over the years but still it remained as the most trusted, most traded, and most utilized stablecoin. But there are now other options. So if you think Tether is risky enough, then you may choose USDC or BUSD.

Its not the most trusted stable coin. Its the most traded ... yes but its only because of his position, which he built years ago, when there were not yet so many alternatives. But it is visible that USDT is slowly loosing battle. In fact USDT already lost on all platworms except centralized exchanges.

Biggest pool on uniswap is ETH/USDC not USDT. USDT/ETH volume is 4 times lower than USDC/ETH on DEX. It proofs that people are not holding USDT anymore. They are using it only to trade on CEX.