Post
Topic
Board Altcoin Discussion
Re: USDT a trustable?
by
bitgov
on 15/11/2021, 22:49:35 UTC
In later days parcels of awful news are hearing from USDT and what will be happen on the off chance that the USDT could be a scam, should i alter other steady coin, any recommendation for the steady coin?

FUD on USDT has been appearing since its creation. Of course, if USDT turned out to be a scam, it would be a disaster for the entire cryptocurrency market. USDT has gone through multiple audits and none has found any irregularities. Of course, the risk is always there, but in my opinion you have nothing to fear.
Even I don't think that USDT is a scam and I know USDT as a stable coin in crypto,
if the reality is the opposite that USDT is a scam of course it becomes a big problem,
the most important thing is to keep up with the progress and hopefully nothing bad happens

If it turned out that USDT is a scam, believe me, there would be no progress on the cryptocurrency market for at least a few years. At the moment, Tether has a market cap of over $75 billion. If it turned out that all of this is worth nothing, the whole world would call all cryptocurrencies a scam. Hopefully that never happens.