Post
Topic
Board Altcoin Discussion
Re: USDT a trustable?
by
nelson4lov
on 15/11/2021, 21:59:39 UTC

If the OP is worried about the future of USDT, he can always opt to other stablecoin like DAI.
It is not new that there are bad news regarding the existence of USDT.
The first time that I got hesitant with this stable coin was when they admitted not to be fully backed by USD assets.
But I am still using it only for conversion purposes in exchanges as they are available in most trading platforms, not for long term investments.
Maybe, for day to day trading, you can use it. But long-term holding? That's when you need to really think about.

That's true. USDT is the perfect candidate to use for a quick transactions even if you're moving assets across several chains, it has plenty of support compared to other alternatives like BUSD and USDC that ar