Quote from: Sebas.tian on April 26, 2023, 05:26:16 AM

Yes, Tether is very safe to hold my funds because their teams are potential team and they are very ready to do everything possible to ensure the price of Tether continue to increase higher to enable their investors have every reason to invest in tether again.

Looks like you have no idea about Tether Tongue

.

Quote from: Sebas.tian on April 26, 2023, 05:26:16 AM

Now that the Tether price has increased to $1 showed that before the end of next year 2024 the price of Tether will hit $2 to allow those long term holders to make a huge amount of money from their investments. If you have the money to invest on a stablcoins, I will advise you to invest in Tether because there is a hope that the price will increase more in future which will be favourable to those that will invest now.

The team claims that they are backed by the US dollar on a 1:1 ratio and you can expecting that to reach $2 Roll Eyes

Quote from: Abiky on April 27, 2023, 04:25:42 PM

~
What's surprising is that in the midst of the banking crisis, Tether managed to retain its peg against the US Dollar. Other well-known stablecoins collapsed (mainly USDC and DAI) for a short period of time because of this. Either Tether is being heavily-manipulated on the market, or there's something else going on. With the issuing company (Bitfinex) adding new units of USDT to the supply, I'd take this stablecoin with a grain of salt.

It is heavily manipulated and minting new coins without any proof of backing and with all the issues with regulators and their claims that it is backed entirely was false and hence i will think twice holding them as a stable currency.

Quote from: Abiky on April 27, 2023, 04:25:42 PM

You can never trust something that's isn't officially backed by the government (with the exception of Bitcoin and some other decentralized coins). If stablecoins are banned by the US government, you can say goodbye to your money for good. Who knows how long will USDT last? Just my opinion

If a project is able to provide the audit report where everyone can verify regarding the actual money that is backed then you can trust them.