USDT is one of the best stable cryptocurrencies

[tienda 8776]

21 hours ago, matias estigarribia said:

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,

Yes Dear @matias estigarribia All stable coin are very good and with a little risk when there is instability markets coins, the best option to choose to stable your situation is stable coin in this case we are talking about USDT. And now there are many countries where people who dedicate in exchanges prefer USDT as exchange to their fiat money local. Because is more stable.

[Jonathon 4]

Tether is one of the best cryptocurrencies to carry out transactions, since it is a stable currency, the price does not change much over time, so normally when you make a transfer with this currency the value does not change much.

[mzk7736 1592]

Stable coins are almost all same in my opinion because they are not volatile and they cannot be affected by whales or any bullish season in crypto market. 

[IvanVetrov 17606]

USDT is not the best and, fortunately, not the only stablecoin on the cryptocurrency market. There are many rumors that the provision of new coins at Tether LTD is not 100% covered by fiat collateral. All this requires taking into account the risks of long-term investments in USDT for staking, but a short fixation in it is quite acceptable.

[Zeshan Khalid 2577]

USDT is among the top in stable crypto currencies list. But I don't think anything makes a difference in stable coins except the trading volume. Because there price is always same as their corresponding fiats.

[Pranto1 40]

It’s i's a crypto currency that serves a lot to maintain.Cryptocurrency for transactions, since it is stable, the price usually does not change much overtime. The value does not change much when you transfer with this currency, also depending on the network is very fast so the transaction is completed very quickly...

[Viscount 1357]

Yes, just like what you said, USDT cryptocurrency is connected to US Dollars and that is why it is one of the best stable coins out there. You don't really need to worry if you're going to buy USDT. Also, it is a great exchange if you wanted to hold out your cryptocurrency.

[Abuhassan 89]

Tether token is one of the top stable coin in crypto currency that it price is peg to that of USdollar it was originally launched as a real coin built as the second layer of crypto currency on top of blockchain chain technology.

[Ryken8 545]

USDT is the highest traded stablecoin in the cryptomarket and is the go to stable coin for most traders who are in between or in transitional trades since the price is pegged to the USD at a 1:1 ratio and does not fluctuate like other cryptocurrencies.

Edited November 18, 2020 by Ryken8

[duncun007 3577]

On 11/11/2020 at 12:53 PM, IvanVetrov said:

USDT is not the best and, fortunately, not the only stablecoin on the cryptocurrency market. There are many rumors that the provision of new coins at Tether LTD is not 100% covered by fiat collateral. All this requires taking into account the risks of long-term investments in USDT for staking, but a short fixation in it is quite acceptable.

to me USDT is the only bubble that will burst but we dont know when, because i remember when it fell down to 83cents, and now seeing it in top 4 coins with over 18 billion marketcap is just a ticking bomb that will affect the crypto space negatively.

[Shubham kakade 556]

On 10/5/2020 at 11:29 PM, Zizo06 said:

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.

I think yes this is best stable coin the stable coin are cryptocurrency that attempts to peg their market value to some external  interface 

Stablecoin may be pegged to a currency like US dollar or to commodity price such as gold

Stablecoin aachive their price stability Viv collateralization or through algorithmic of buying and selling the reference asset or its derivatives 

This are the Keys of stable coin

[Ramz99737 1196]

Yes, of course, the USDT currency is one of the most important stable cryptocurrencies, its value is approximately one dollar and this is really good. You can buy it instead of buying the dollar without fear of losing.

[TMilew 8]

I agree, it is the most stable coin. To be honest, this is just digital version of US dollars. Its very comfortable to trade with it cause you know its price can't go down. So i think it will always be stable. 

[Jromz 2158]

USDT is certainly the top stable coin in terms of market capitalization. Yet, there is controversy around this stablecoin as whether or not is fully-backed. The company behind USDT has been long promising an audit of the stablecoin reserves, but have failed to convincingly demonstrate the funds backing USDT.

 

 

[godislovefll 1880]

On 10/5/2020 at 1:59 PM, 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 vinculada al dólar estadounidense, y diseñado 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.

Exactly, this currency is very important in the market and when it was created it was with a very favorable purpose to the market and it has served it until now, and its use is more important every day even to trade and generate profits without having it. a lot of loss from relying on other cryptocurrencies that are not stable.

 

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Edited November 21, 2020 by godislovefll
spelling errors

[scofield64 943]

Yes, USDT I think is the number one best stable coin and has a good market value. So because USDT is not volatile there won't be enough gain from the coin when been traded. Stable coin don't yield much profit. 

[Mella 3680]

On 10/5/2020 at 8:59 PM, Zizo06 said:

 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.

I am think that the usdt may have been rising very fast today. I am look and it is at 19 billion and this is 15 billion higher from last year and it was third place until this month when xrp went higher. It is probably a big boost to the crypto market to have 15 billion added in a stable coin in only one year.

[LuisM 89]

For me it is the best stable crypto currency and it is also the most used by those who operate in this world to be able to rest from the volatility of crypto currencies and not enter into losses or gains.

[zhoutong 2188]

USDT or the Tether stable coin has been growing for years now, but this year it has increased the market cap too far. It is 20 billion or close rightnow and sitting at the fourth place in market cap. It was third for months before the last XRP breakout. Tether is expected to keep increasing the USDT supply by at least a billion each month, perhaps more in the next year.

[kryptonick 2659]

On 10/5/2020 at 8:59 PM, Zizo06 said:

appeared in 2014, to facilitate the digital use of traditional currencies such as the Canadian dollar,  US dollar, Indian rupee, and European euro.

I didn't know it was this old. It is used to be pegged to the dollar though and not other national currencies. They had thoughts of starting a Tether euro but didn't go on with it.

[Barbarellah 2225]

In fact, USDT is the most widely used stablecoin in the world of cryptocurrencies, ranking fourth on the market capitalization list. The increase in volume in this currency may be due to the large number of new investors who entered this year to participate in cryptocurrency trading and of course because it is the most used currency to maintain balance in price volatility.

[velasco19 1753]

Stable currencies are essential in the cryptocurrency market to be able to take profits or protect your money in downtrends and it is for that reason that USDT is very necessary and has a high market capitalization, in addition to working under different protocols such as ERC20, ONMI, TRC20 and can be used in different Blockchains.

[bogdanoff 3173]

Tether or USDT should be backed 100% by assets like dollar but it is probably less than that. I think that while it helps and it can be useful for trading, it is also dangerous to hold for long time, although exchanges love stable coins for the ease of trading they offer.

[Sykkuno 2887]

The stable coins like USDT and USDC are becoming dominant in 2020. Tether has the highest volumes of trading too. They are above twenty billon dollars in market valuation which is significant and not expected, but they are keep growing and will be more dominant the next year.

[annayks 2314]

The USDT stable coin is rising too much although I don't see a reason to be excited about it. There are some people that are happy and think that Tether is pumping Bitcoin but this doesn't work like that. It is demand for Bitcoin that is driving the price upwards and not Tether.