Throughout the existence of USDT, there have been constant accusations that the stablecoin does not have full collateral. Well, what about it? USDT has been, and still is, and will be, despite all the FUD that has been spreading regularly. In fact, the question of fully reserving USDT is even ridiculous if you think about what the dollar is backed by?
I'm not sure about it, but what is a fact is that I've been 8 years fearing to lose my money if I held it in USDT, because of all the FUD back then and during all this time, and still nothing happened. The money I had in alts that went to zero would've been much safer in Tether.
It is true that USDT it is not being accepted in many places in Europe anymore, unlike other stablecoins, but I think that it is temporary and, in addition, it shouldn't pose a big problem for those interested in swapping it online. However, without being as pessimistic as other members of the forum, I consider that holding USDT is still far from being considered as a safe practice.