Quote from: slaman29 on August 24, 2021, 07:58:02 AM

Quote from: Clement Kaliyar on August 23, 2021, 11:43:35 PM

Quote from: Slow death on August 23, 2021, 10:21:04 PM

this data proves that people trust and use more USDT compared to other establecoins, so you can already imagine what it means, in a nutshell: you can keep using USDT and of course always with your eyes wide open so that if shit happens you will be safe

The evidence is that majority of the users trust USDT and may be because they are not aware of the issues that are brewing for years or they think that the team will overcome these and keep on running without much audit. It is really popular but that does not make it trustworthy. Will see what happens in the next 5 years seals it fate.

Can't argue with that data, and I would have thought so also if anyone asked. Tether, as much as it has been talked about, and the proof and evidence over the years, but if you go to an exchange, even P2P, it's USDT that people sell the most for your crypto. Best prices, best liquidity. Too big to fail they all believe. Sort of like Ripple, how people just believe it'll improve and get over their problems. For no other reason than that it's way too successful.

yeah, and I usually used stablecoins for my trading pairs with altcoins like USDT or BUSD. I don't see any reason to happen that stablecoins will collapse in the crypto market. Now that to see many or I think the majority are using Tether for trading the more it gains confidence that it never becomes $0. That only happens when the crypto market will stop but seeing it won't, in fact, we can see it continue to spread and keep on growing which obviously tells that more people are using this one.