Can I trust Tether? Is USDT safe?
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Tether. The largest stable coin in the world.. can’t seem to stay out of trouble.
Shady ties to shadow banking, lawsuits, and potential connections to short-term Chinese corporate debt..
If true, this would have a cataclysmic effect on the crypto market.
So is it the end for Tether? should we be worried about USDT?
What is USDT (Tether)?
Tether is a fiat-collateralized stablecoin under the ticker symbol USDT
This is a fancy way of saying Tether is a crypto that is always worth 1 US dollar… this offers the ability to buy and sell blockchain-based assets without having to worry about price fluctuations.
The idea is if investors don’t have to worry about volatility they will leave their money deposited on crypto exchanges
This video explores Tether’s reserves, Tether’s connection with Bitfinex, and how stablecoin lending rates are so high.
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*I am not a financial advisor. This is not financial advice*
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I ask 1 thing.. just make sure to watch the whole video before doing or commenting anything crazy lol
So they have billions in treasury bills and NO trading desk has noticed a new whale buyers…. I call bullshit.
So… if the Feds were tracking the BitFinex hack and just made arrests with Heather Morgan…. does that mean that they're also tracking tether?
How can Tether be considered a bomb if, thanks to it, the development of cryptography proceeds more than from all stable coins combined!
How about BUSD?
Can you short Tether? …
Max, you try, but you don't understand the topics you skim over in this.
Tether…🗑️🗑️🗑️
Personally I try to avoid theter as much as I can. Right now in Binance you can get 7% APY by holding 0-5000 USDT. Even with this, I avoid USDT.
BITCOIN it’s the beginning of the end. India to introduce it’s own digital currency on April 1st transfers from Bitcoin will be charged 30% tax ouch. Central banks of all Countries will introduce there own digital currencies soon and will tax the crap on Bitcoin till everyone will realize how useless it will be as other digital currencies will be backed by central banks, Russia next to ban it and China already has banned it. They too will bring in their own versions. Sell it now before it crashes.
I think there is no need to inflate the existing problems. USDT is one of the most stable coins on the market.
nah bro how do u win almost 100.000$ only on patreon, teach me
I just wonder how tether can be called the biggest threat for crypto when it's literally one of the main reasons crypto is doing so well today
Someone will think that this is a tether hate, but just watch the video and turn on your head.
The biggest threat to crypto is uneducated traders and the media, who throw unverified and false information at us. This coin has a huge market capitalization and is one of the most reliable on the market. Most traders trust tether.
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what should I do now I baught all the crypto in usdt what should I do now ???? Pls help me out
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Awesome. Time for update video.
BUSD works fine enough to turn away from USDT
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10:28 wrong. Regulations will decline, not increase. Anyone who claims otherwise doesn't have a clue about crypto.
my god … i just used usdt i feel already guilty by association lol
I think we shouldn't worry about the reliability of this stable coin. Tether has long established itself in the market and gives us only a positive result.
"…the average interest earning savings account…" 0.06% appears on the screen
That is quite deceptive and inaccurate. Investing in bonds earns around 9% per annum. Making claims like these only serves to deceive others.