Post
Topic
Board Altcoin Discussion
Re: About USDT
by
zasad@
on 13/02/2022, 11:35:14 UTC
Please correct me if I got it all wrong, audited projects are projects that have passed some security checkup right? As a newbie I kinda like investing in projects that are audited atleast so back to my question, USDT is the biggest stable coin right? When I tracked it on coinmarketcap I found out that's it passed audits through Certik and Fairyproof, why haven't this clear the rumour that USDT might fail someday? Because it's Centralised? If that's it then why DAI ( decentralized stable coin) haven't grow over USDT all this while?
The DAI token cannot be printed at the request of the owners. If you want to get a DAI token, then you need to lock your coins in a smart contract.
DAI has the most honest statistics
https://makerburn.com/#/
Tether can print its tokens without collateral
Be sure to read this information
https://bitcointalk.org/index.php?topic=5247581.0