Post
Topic
Board Altcoin Discussion
Re: Is USDT Tether safe?
by
TomArayaSlaya
on 27/07/2021, 23:01:58 UTC
Why USDT IS SAFE, USDT is backed up by UNITED STATE DOLLAR (USD) it is a stable Crypto currency it had fully transparency
Are you sure about this? Is USDT really backed by USD? And Is it fully transparent?
I am not sure about this because I even don't get valid information about its transparency and USD backup. However, I don't against USDT, but I am just curious about it. You should enclose the proof such as an article or statement from developers related to the matter. So far, I trust USDT because it is used by most crypto users and be the top 10 crypto coins. And USDT is also covered by trusted teams.


This thing about Tether have been going on for awhile now and Personally I think is just trying to create FUD like the same way we had china banning btc and throwing Miners out but the truth is BTC and Cryptocurrencies are really resilient under most of the tensions thrown at it I just hope people dont panic to much to all the FUD that keeps coming Staying strong and put is the best option we have now