USDT is The Most Stable Coin?

[Peter90]

USDT is one of the most sought after stable coins. Regarding its stability, other stable coins are also at about the same level of price stability. Therefore, they are called stable coins.

USDT is only as much stable as the USD.*
In a currency crisis, falling $ --> falling USDT.

*Actually USDT is backed by several currencies, bonds and other assets.
But the $ is the major backing asset of USDT

[Andri937]

Well, I think usdt had a good start, it could achieve a really high aims. In addition, I've read some interesting article on that matter. I mean related to stable coins, what do you think? this Url is blocked due to spam/en/blog/stablecoins-a-world-wide-battleground

[Fenix]

USDT is one of the first stable coins and has proven itself to date. However, time does not stand still. Stable coins of various states will begin to appear in large numbers and USDT will have very strong competitors. This will be good for their overall development, because competition creates favorable conditions for creating conveniences for people to use them. In general, soon we will expect many more interesting events.

[ShadowCrypto]

Take a look at Digital gold, I think that the idea behind it's really better than almost all stablecoins we have, since the tokens are backed by real gold and a limited amount.

[Vitasinaga]

I think USDT is indeed one of the most stable coins, but it is also a special cryptocurrency, and is supported by the correct amount of dollars, but in general it is quite difficult to call it a cryptocurrency. and also cannot, like other cryptocurrencies, be used for profit. and It is just a buffer between different types of cryptocurrency or cryptocurrency and fiat, this coin is stable enough to be useful and comfortable to use, but it does not provide a profit.

[pacar_tiri]

The purpose of this project USDT is to create a stable crypto market, where there will be a low/no loss when trading. But there is no much gain if invested on it.

absolutely yes, I think USDT is more stable coin than other. I agree USDT team has focus to create a stable crypto market. I personally don't like this coin.

[Rain075]

Usdt trc20 is a big type of platform. This platform is stable.  People from all over the world transact the most on this platform. This is one of the biggest stable projects in the world of cryptocurrency. These coins can be transferred anywhere at the moment with the lowest fee. Currently with the increase in Bitcoin and Etherium ergas fees people have started to make the most transactions on this platform. And its popularity has also increased a lot.

[ustcoin]

Sometimes I used usdt when I sold bitcoin. Since it is the last litigation process, I tried to use busd or dai whenever possible. It also makes no sense to me that this tether is produced when desired. The fate of the tether is already in this lawsuit process.
It will be clear after. Even if he doesn't lose the case, I think he will lose a lot of prestige and it will no longer be the same.

[kulkhan]

USDT is Most Popular Stable Coin. Now It's Position On Coinmarketcap 6th. Usdt is My Favourite Stable Coin. I Always Use Usdt. There are Many Stable coin in Cryptocurrency Market. But usdt is Top position on Coinmarketcap and another Cryptocurrency Market.

[damsix]

Indeed, Tether has proven its strength because it is able to provide price stability in every cryptocurrency market and of course this will have a good effect on us being able to secure assets from various volatile altcoins.
And for those of us who like cryptocurrency trading, it's better to store or trade Tether with altcoins than BTC-Altcoins for fear of a dump.

[Confero]

It is certain that USDT is a stable coin, this is because USDT is a stable coin in Cryptocurrency. The value may change, but the change will be very small, unlike other Cryptocurrency coins such as Bitcoin, Ethereum and others.

[cebo]

I also have USDT in my wallet and only a small amount, which means it has been proven that the market cap or market for Tether is very popular with all investors.
Maybe it was the effect of the first stable coin to arrive, so all investors liked the USDT coin. Just thinking about being the best choice for USDT rather than USDC, DAI or FDUSD.

[Mr. Allcrypto]

Yes, USDT is one of the most stable coin in crypto currency trading.

[NikeFit_7777]

P.S. What do you think about this news? Do you think that during the positive news, users will buy more Teher to replace the real dollar? 

"Tether have announced their ambition to expand into the field of artificial intelligence. The company intends to lead the development of open source multimodal AI models.

In addition, Tether have announced the recruitment of specialists to support this initiative."

[Jating]

P.S. What do you think about this news? Do you think that during the positive news, users will buy more Teher to replace the real dollar? 

"Tether have announced their ambition to expand into the field of artificial intelligence. The company intends to lead the development of open source multimodal AI models.

In addition, Tether have announced the recruitment of specialists to support this initiative."

There has been a joked around that AI will print more USDT? Or with AI, will they continue to scam us? Jokes aside, really hard to say, but I don't think that in the future Tether will replace the real dollar, America is not going to allow it. But them venturing into AI could be a good as everyone is already moving in that direction and they obviously doesn't want to be left behind. And as far as I know, there have been a lot of venturing in their end, like this news,
https://cryptoslate.com/tether-acquires-20-stake-in-german-bitcoin-miner-northern-data-in-unusual-equity-deal-report/

That report indicates that Tether has spent $420 million on 100,000 Nvidia H100 GPU approximately 2% of the 550,000 GPUs that Nvidia will ship this year. Tether made the purchase on behalf of Northern Data, a German crypto mining firm that intends to rent cloud access to those thousands of specialized chips to AI startups. In turn, Tether will gain 20% stake in Northern Data.