Is it true tether stable coin ?

[getto]

I think it is also important to note that some reports say Tether had cash reserves in a bank account in Puerto Rico and it was also blamed for BTC’s price manipulation last year.

[anu1980]

I think it is also important to note that some reports say Tether had cash reserves in a bank account in Puerto Rico and it was also blamed for BTC’s price manipulation last year.

Yup, there's a lot of gossip and rumors (with some facts) around Tether (and of course Bitfinex) regarding this one. Even Binance are listing a new stable coin in the middle of this Tether cracks and bearish market.

[aldenlim]

Hello guys, is it true tether stable coin, is tether price can jump such ethereum and other coin such litecoin, bitcoingold?

It only needs some common sense to understand what does "stable" means, USDT or tether being a stable coin means the price
of this coin will be stable and not move from approximately one dollar and it will always be one dollar and no one should expect
that a stable coin could moon or something, a stable coin is a stable coin.

[Bilqist]

Simply is 1 USDT = 1 USD fiat. So no moon no dump. No think volatile. a stable coin is a stable coin.

[AnDoom]

Hello guys, is it true tether stable coin, is tether price can jump such ethereum and other coin such litecoin, bitcoingold?

For me an example of a stablecoin was Multitoken. Not Sure why tether is a stablecoin for you.

[Stuart]

Tether is a crypto currency that is under the U.S Dollar price control, to give a stable price in the crypto market/space. Tether does not fluctuate much in the market, because, the price of dollar in the real world controls it. It gives a stable crypto currency experience.

[saprakib]

Hello guys, is it true tether stable coin, is tether price can jump such ethereum and other coin such litecoin, bitcoingold?

USDT always a stable coin .Its a long bear market but USDT still not fall down from 0.99+.So that i can easily say that its a stable coin.

[Luis]

Of course it is, it was created to reflect the price of crypto to fiat USD and won’t have much spread in comparison to USD. You can name it half fiat and half crypto

[jonathancool220]

If you jump over prices like Ethereum or BitcoinGOLD then you have to make sure that the Tether is not a stabi coin.
I see that a stable coin must be equivalent to USD, for example trueUSD or bitUSD.

[aloever]

But there are still doubts about Tether in regards to whether it has some dollar-reserves for every digital asset. Tether also commanded a law firm to check its balances in June, but stated that the evaluation “should not be constructed as the result of an audit.”