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Stable Coins Forum / Re: Is Tether a Fraud?
« on: Today at 05:16:31 PM »Stablecoins are not fraud, we only have to ensure that the ones we are using or in support are the within the most recognized and supported ones, USDT is the best and most reliable stablecoin anyone could find being applicable for use in most instance, we have to know the true value and relevance in the use of this same tether and how its a global stablecoin where all currency pairs exist with.It is not today that I started hearing about the USDT bubble and why has it not bursted. Every year you keep hearing so much rumour about USDT on how the owners are minting more of it everyday. We keep hearing how the government will hunt it down any moment. Yet, the adoption of USDT keep increasing and it can be regarded as the second largest cryptocurrency after Bitcoin. Let's keep watching, but for now I believe USDT.
There are many misinformation ongoing on the internet and if we are not careful, we are going to have the wrong idea of what shouldn't be, stablecoin is one of the coins that most traders and cryptopreneurs cannot do without because they make use of them before investing on their desired crypto, while waiting or getting ready to invest, they hold their asset in stablecoin to retain it value till they are are ready for investment.