Post
Topic
Board Altcoin Discussion
Re: Do You trust Tether (USDT) Stablecoin?
by
cryptoknightt
on 22/11/2023, 15:12:54 UTC
I'm in crypo world since 2021 only and since then I've noticed a lot of folks talking about Tether as being a potentional scam that may crash the markets one day and I've watched videos from crypto detectives/scam busters such as Coffeezilla and he makes some pretty fair points about Tether being the cryptos biggest scam.

I wanna personally know from people who have been in crypto for little longer than I have and maybe know a few things more or could share their personal view on Tether.

My side question to this would also be: Which type of stablecoin do You find the most credible in the Crypto space?

Thanks in advance for more experienced folks for sharing their insight!



I believe that even though there will be news saying that tether is not backed up, tether is backed up by terrorists and the mafia and other bad news, the fact is that people still use tether and it is recognized as the stable coin with the largest volume in the crypto market.
but for liquidity I think USDC is still more trusted.