Post
Topic
Board Altcoin Discussion
Re: Is USDT Tether safe?
by
efreeti
on 31/07/2021, 13:11:07 UTC
I dont think that we should be worried for USDT, that is safe and for sure most of the investors are using USDT when they are just waiting to buy a certain cryptocurrency. USDT is the best when you want a stable coin or you are waiting for crypto to invest. USDT has also a lower transaction fee compared to other stable coon.

USDT Tether is safe and we should not believe in the fuds related to USDT. If anything wrong happen to USDT Tether, the entire crypto market will collapse and i am sure this will never happen.
I am hopeful that USDT Tether will clear their case very soon.
there is nothing to worry about with tether, but indeed we cannot develop assets with tether, as it is a stable coin. but with this coin it is very useful for the transit of funds from our trade, so that our funds are not affected by fluctuations

There is nothing to worry about? For how long have you been in crypto? Do you know that a 1:1 backed stable coin can blow up within an instant? Literally, within an instant! It just needs very bad political decisions that get announced right now and stable coins, especially those that are fully centralized are in a hell of trouble. Along with stable coins being in trouble I can assure you stable coin holders will freak out completely. You know what that could lead to.