USDT is one of the best stable cryptocurrencies

[Zizo06 53]

The digital currency, USDT, has succeeded in joining the best digital currencies in terms of market value in the world, although it is a stable currency linked to the US dollar, and designed to provide price stability in the value of only one dollar, appeared in 2014, to facilitate the digital use of traditional currencies such as the Canadian dollar,  US dollar, Indian rupee, and European euro.

 And it succeeded to be in the sixth place in the ranking of the cryptocurrency market in terms of market value, as it managed to reach 4,646 billion US dollars at the present time.

[Davidparra 3]

Es una mobeda estable aunque mi opinión es que no se quedará así por mucho tiempo

[Lundborg Crow 48]

Of course, USDT is an important coin, it is a kind of market benchmark. Without her, it would be very difficult to have an understanding of current courses and she is a good tool for interchange.

[jfcrypto7 131]

Tether is one of the best cryptocurrencies to make transactions, since it is a stablecoin the price does not change a lot overtime so normally when you make a transference with this coin the value does not change much, also the network it relies on is very fast so transactions are completed very fast.

[Backtomiami 45]

In addition to USDT, there is an unremarkable Dai coin. It is provided by another cryptocurrency - Etherium. In this regard, it seems to me that such coins have much more prospects and stability than those that are tied to the dollar. Because the Ethereum now takes the second place after bitcoin.

[Daramola Abiodun T 60]

There should not be an argument about this. It's obvious that USDT has taken number one position when it comes to stable coins. Not only is it doing fine, but it has its place among to 10 coins with large market capitalization and it can be found in the first 10 ten crypto currencies in the world. USDT rocks.

[julianisaac 97]

It is true, but also its price is tied to the dollar, and this point makes it attractive since it loses the potential of rise that the critical currencies have. I prefer to always be in bitcoin or in any of the main cryptocurrencies. I am just pointing to the upside potential they have.

[Teofilo Leandro ynca 64]

usdt is the number 1 of the stable cryptocurrencies based on the ethereum network usdt is a token whose value is equal to 1 dollar, only up or down 1 or 2 cents but will almost always remain at 1 dollar it is in the ranking number 3 according to cmc

[calongtong28 34]

Yes, because it was one of the first stablecoins on the cryptocurrency market. Now there are many other types of stablecoins, but they cannot beat USDT

[Poker888 31]

What makes Tether so special is that 1 USDT is equal to 1 USD (US Dollar). If you have 1,000 USDT in your possession, you have 1,000 dollars, with the advantage that you can keep them in a secure wallet, in the same way that you keep any other cryptocurrency and dispense with banks. It is also very useful for traders as USDT allows them to trade without worrying about volatility.

Previously there have been cases in which some companies began to accept BTC and when the price of this began to fall rapidly they blocked this option. It is easy to understand that a seller is afraid to accept bitcoins or another cryptocurrency for a good or service and that later this is worthless. Well, your expenses will have to be paid in the same way.

This situation has been what has prevented the widespread adoption of cryptocurrencies worldwide.

Although it is a debatable topic, the US dollar is the most stable currency in the world. So USDT seems to have picked a good backing.

[DGlUJRJRQm 72]

Yes it actually top rated stable coin, tied to the united states dollar $. USDT is issued by Hong Kong based company Tether, and the capitalization of it is $15,733,940,584 as of 12.10.2020.

[Emilio Jose 42]

On 5/10/2020 at 13:59, Zizo06 said:

La moneda digital, USDT, ha logrado unirse a las mejores monedas digitales en términos de valor de mercado del mundo, aunque es una moneda estable ligada al dólar estadounidense, y diseñada para brindar estabilidad de precios en el valor de solo un dólar, apareció en 2014, para facilitar el uso digital de monedas tradicionales como el dólar canadiense, el dólar estadounidense, la rupia india y el euro europeo.

 Y logró ubicarse en el sexto lugar en el ranking del mercado de criptomonedas en términos de valor de mercado, ya que logró llegar a los 4.646 millones de dólares estadounidenses en la actualidad.

It could be said that if because its price is the same, that is, 1 Dollar is equivalent to 1 USDT, the cryptomenda is quite stable and of course it has become famous like other cryptos as well as the BUSD that also has the same price, that is, 1 BUSD. 1 USD

[parakazanix 68]

For now, I also think so, but no stablecoin is fully reliable.

[duainjo 26]

Tether offers some benefits, we point out the followings: 

1-Backup currency: this currency is backed up by the Tether Limited´s booking. 1 usdt be equivalent to 1 USD.

2- Low cost to transfer: If the payment is between tether wallets there is no transfer commisions.

3- Fast trasfers: Tether transfer does not last hours, just minutes. 

[Eneudis 27]

El USDT puede ser uno de los más populares, ya que lo podemos conseguir en cualquier plataforma de intercambio, pero dudo que sea uno de los mejores según mi análisis, creo que además de estar muy centrado, hay noticias que afirman que no tienen el respaldo en dólares que dicen tener, además de que está respaldado por una moneda fiduciaria que cada día pierde su valor con más frecuencia, en fin prefiero una moneda estable que esté respaldada por otro activo como oro.

[matosjohan 141]

USDT is a stable crypt currency created by the Tether Company. A stablecoin is a cryptomoney that maintains a fixed value with respect to a high value fiat currency, a cryptoactive or some commodity.

 

The Tether Company has created it with a 1:1 parity with respect to the dollar, 1 USDT will always have a value equal to or very close to 1 USD.

It is a crypto currency that serves a lot to maintain the value of our money, especially if we are dedicated to the world of trading to protect assets from volatility.

[setifien 1016]

I think USDT has not a strict stability because its price varies from 0.96 (0.98/0.99) to 1.01 (1.02...) and it's not backed by exact 1 usd but just by 0.74 usd

[Relium 424]

yeah usdt is the biggest stable coin in crypto market but i don't really like it because i don't trust it. i like usdc and pax more because they backed by trusted companies like coinbase.

[Jesika 225]

Yes, another Stable Coin is BUSD this one from Binance

[Jromz 2158]

USDT is a useful stable coin for trading that has been around since 2014 and it is widely adopted. Yet, there are some reasonable concerns around this stable coin, namely the lack of transparency regarding its actual backing. I honestly tend to prefer DAI over USDT as it is the first truly decentralized stable coin, backed by a renowned smart contract developer (MAKER) that enable third parties to further the benefits of the dai system via an open-source platform.

 

  

[matias estigarribia 1605]

If the truth is one of the most stable cryptocurrencies together with Dai, its price is always similar to the USD. I use it for savings since its price remains over time,

[talo122 735]

Stabelity is actually the best advantage of this coin, it is just a virtual image of the real dollars with all the benefits of crypto currenceies, but on thing i don't like about it is the that there is high transcations fees, even higher than btc. 

[Calvinpriva 17296]

USDT is one of the best cryptocurrencies because it's very helpful in holding our coins when the market is not in a good move. That's why a lot of people likes to invest in USDT because there is 1% risk because it's a stable coin.

[Dark Shadow 295]

3 hours ago, Calvinpriva said:

USDT is one of the best cryptocurrencies because it's very helpful in holding our coins when the market is not in a good move. That's why a lot of people likes to invest in USDT because there is 1% risk because it's a stable coin.

@Calvinpriva You are absolutely correct that USDT is one of the best stable coins in the crypto market. The coin remains almost equal to a dollar. But there is still a chance that the coin might exceed a dollar and this would cause people to gain some profit. So it is a great long term investment.

[barancell12 89]

Having a stable unit in the crypto coin market is very positive for unstable people. USDT can be used as a safe haven until you decide what to do. After a little bit of foresight development, users will make their investments in different coins to the extent they determine.