USDT

xxALLARKxx

RedotPay requires KYC. One top seller in our marketplace offers KYC free crypto cards, and we support SOL and USDT (SOL) natively. Might be good to check him out.

ProfessionalSlow414

I can pay 10 dollar USDT 😅😅

ShoddyExperience3579

This cycle feels different. In 2021, the money came from retail stimulus checks and a flood of new, clueless users. Now, the money is coming from ETFs and institutions that are only interested in BTC. They aren’t going to rotate into something called ‘POPCAT-USDT’. The retail liquidity that fueled the last altseason is mostly gone, either rekt or just exhausted. So what we're left with is a bunch of old holders hoping for a bailout pump, and a smaller group of degens trading the short-term narratives. It's a trader's market, not an investor's market for most alts....

Extreme-Benefyt

ETH feels like the safer infra bet there. TRON moves a ton of USDT, but Justin Sun/governance vibes always feel a bit sketchy to me

TeslaOwn

Stablecoin support is probably the biggest thing for everyday use. I wouldn’t want to spend BTC casually because of volatility and tax tracking. USDT or USDC spending makes way more sense for normal purchases.

PrettyAdvertising147

Don’t deposit the $400. That’s the red flag. Getting paid for your work in USDT is definitely a real thing, but if someone say that you need to pay money first to withdraw your OWN paycheck is not how normal crypto payments work. It definitely sounds more like a fake job/ fake exchange/ withdrawal-fee scam. I would suggest, you to take screenshots of everything, save the wallet address or transaction details, and ask the company to pay you through a proper verifiable method. If you do actually receive crypto, move it only through a trusted exchange or wallet. In India, there are legit exchanges like WazirX, that would make more sense because you can manage crypto and INR in one place, but honestly that’s step two. Step one is: don’t send them more money.

Equivalent-Web978

The merchant acceptance part is solved though. Stablecoins through Visa means any merchant that takes Visa takes your crypto without knowing it. I spend USDT through Oobit daily and the merchant just sees a normal card payment

Latter_Sun1129

Agreed! I use it like cash, send USDT via P2P or wallets to move money without an ease, instead of waiting days for bank transfers or paying high fees.

Lord_Gudda

Are you just buying spot? No shorting, USDT hoarding, or buying stocks? Trying to time the bottom with spot is just expensive.

Givefreehugs

What everyone is trying to say is that you can change it back. Consider gas fees like taxes. You lost a little Litecoin changing it to USDT, now you have to transfer it back- you’ll need to send a little bit less than you have to convert it back and pay the gas fees going the other way.

partymsl

Yeah no shit... they can freeze USDT anytime they want to.

First_Driver_8492

I believe firmly that the future will be crypto. Maybe I watch too much YT, but all the signs are pointing at the collapse of fiat. We could print more money, but inflation is already high, and customer confidence is headed for the gutter. The goal is to get more people to buy more treasuries, and realistically the only way to do that is to dump the dollar itself and switch to a stablecoin backed by treasuries. Tether (which issues USDT) is already one of the largest holders of US debt. The GENIUS and CLARITY Acts lay the framework, and the closure of the Strait of Hormuz is the catalyst. I don't think Bitcoin will be the new currency. It's a dinosaur. But gold is still a valuable asset. I think Bitcoin will continue to be a valuable asset, if only because of its scarcity.

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Post is by: PositivePhysics5747 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tp88c6/chance_of_money/ ​ I have a method to make easy money, but the main obstacle is bypassing the transfer restrictions and account freezes from Canada or Europe. We need a way to receive money through bank transfers and convert it to USDT. Doing this repeatedly or with large amounts could lead to the funds being frozen. If someone can solve this issue, we could work together for an estimated 4%–5% profit . *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Dinkan_vasu

Huge help, thanks 🙏 One more thing if someone shows me this wallet and says -this is MY wallet, I personally own this $499M USDT , is that even possible given the funds came from Bybit's cold storage? Or is this a sla -dunk scam where they're trying to claim Bybit's own treasury as their personal funds? Want to be 100% sure before I escalate this

sethjr10

Agreed! I use it like cash, send USDT via P2P or wallets to move money without an ease, instead of waiting days for bank transfers or paying high fees. ✌️😂

Realistic_Fee_00001

>So, I've been wondering if it's a good idea to sell art using cryptocurrencies Yes. >like USDT or USDC, No. If you really want to use sound p2p cash you have to look into Bitcoin Cash and Monero. They are easy to use. Do not use the centralized, inflating unsound USTD and UDSC chains.

MediumLibrarian7100

Ily bro but stables and tokenised equities growing doesn’t refute anything that’s exactly the point. They’re institutional infrastructure money flowing through USDT/USDC treasuries and Ondo/BlackRock products. That all stays concentrated in majors and compliant yield layers. It expands the captured liquidity pipes without breaking out into the old retail driven cascade down the cap table 🤷‍♂️ That’s why we get elevated BTC dominance and no real alt season anymore…

Positive_Duty_8839

i mean other than buying it on coinbase or any other platform, doing the same thing would be fine. you can transfer it back to ltc once you have the TRX required to cover the fees for the transaction, because you swapped to USDT on the tron network (there’s a lot of different crypto networks, and the same stable coins can be on a lot of different networks).

PM_ME_YOUR___ISSUES

It’s decent. Although payment failures are quite frequent. But I can still deal with it. I have it linked to my uber account, amazon, zomato, blinkit, and swiggy. I have also previously used it for booking flights tickets through MMT. Works fine for subscriptions as well, way easier than one time payments due to very low failure rate. Might go for their physical card as well. Maybe once I have a significant portion of my savings in USDT.

PuzzleheadedHuman

I work on data at Coinpaprika, so take this with that bias in mind. A few concrete things from running the data side of this workload for stat-arb teams: 1. Quote currency. Run two parallel universes, USD-implied and USDT, and reconcile them. USDT depeg events are rare but they show up as cointegration breaks in the residual when you only carry one quote. Cheap to compute, expensive to discover later. 2. Venue anchoring. For cointegration on top-20 BTC-beta names, single-venue is fine; for the 20-150 cohort the per-venue funding series diverges enough that the funding line item flips sign between venues during squeeze windows. Either tag each pair with the venue you would actually execute on and use that venue's funding history, or run venue-blind on spot and price the funding leg separately. 3. History depth. Pre-2020 OHLCV on alt-L1/L2 names is where most universes silently truncate. If your half-life filter throws out anything with less than \~3x the half-life of history, the survivorship bias on the eligible set ends up biased toward the venues that survived, not the trades that worked. 4. On Q5 publication, the equity precedent does not transfer cleanly because cohort heterogeneity is much wider in crypto. Two cohorts (top-20 perp-executable, 20-150 multi-venue) with separate eligibility filters is more honest than one ranked list.

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Post is by: 0xfima and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tmecei/163m_sent_to_alreadyblacklisted_usdtusdc_wallets/ We analyzed every USDT and USDC blacklist event on TRON and Ethereum in 2026 and found that **$163M was sent to wallets that were already frozen** by Tether or Circle. That money is permanently lost. Key findings:   \- 847 transactions hit known blacklisted addresses after the ban was executed   \- TRON accounts for \~80% of lost funds   \- Most losses happen within 48 hours after a ban — before word gets around   \- OTC desks and P2P traders are hit hardest The data comes from on-chain monitoring of AddedBlackList/DestroyedBlackFunds events on both networks. Happy to answer questions about methodology. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Obtusk22

half the time the causation ran the other way anyway, BTC pumped first and retail printed USDT to chase. inflow showed up after. real change is liquidity destination. new stables now park in T-bill products or sit as ETF settlement collateral that never touches the book. its not that outflows absorb inflows, the inflow isnt the same money anymore. watched the Bybit USDC depth in mid-April, bid stacks were yield-parked, gone the second funding dipped.

Cultural-Candy3219

I would publish two universes, not one ranked list. Otherwise the top of the model becomes a mix of real trades and things that only exist in a charting database. For a tradable version, I’d start perps-first: both legs listed on at least one serious venue, enough depth at your intended size, funding history available, and a rule that removes the pair if borrow/funding/slippage would consume the expected spread. If a coin only has spot liquidity and no reliable short, I’d label it research-only rather than let it sit beside executable pairs. I’d also keep USD and USDT separate. USDT is the practical denominator for most crypto, but if the signal is measured in USDT and the PnL is mentally marked in USD, that basis risk should be visible. A tight USD/regulated-venue set and a broader offshore/USDT set would be more honest than one universal top 100. The extra filter I’d add is venue overlap. A BTC/SOL pair that can be run on multiple deep perp venues is a different product from a midcap pair where one exchange controls most of the short side. Same stats, very different failure mode.

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Post is by: Outside-Annual-3610 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tlxrtz/if_you_were_building_a_pairtrading_universe_for/ \*\*TL;DR\*\* I’ve built a statistical-arbitrage scanner that runs against roughly 250 large-cap US equities — the full rig: Engle-Granger cointegration, Ornstein-Uhlenbeck mean-reversion fits, half-life and Hurst filters, plus those frozen exit plans we lock in at entry. It works on equities because shorting is cheap, the universe is clean, and the relationships behave like dogs on a leash — they wander but they come back. Extending the same engine into crypto has delivered the same quiet revelation every honest quant eventually meets: the universe the model prices and the one a real account can actually go both long \*and\* short in are two different animals entirely. Before I publish any “Top 100” crypto pairs list, I thought I’d ask the people who actually trade this stuff for a living: what’s the right venue + instrument + denominator stack to build a repeatable edge around? \*\*What the numbers are showing\*\* We’re sitting on roughly 1,600 cointegrated candidate pairs pulled from spot data. About 900 of them are clearing the eligibility gates right now — Bond Strength, Hurst, half-life, p-value — all the usual filters. If anything, the mean-reversion statistics look cleaner than they do on US equities: bigger residuals, faster cycles, half-lives often landing in that comfortable 2-3 week window instead of the 4-8 we see in equities. Signal density is high. The execution path, however, is where the probability surface starts to bend in ways the back-test never quite warned you about. \*\*Where the model and reality quietly diverge\*\* A proper pair trade needs a clean, reliable short on the relative outperformer. For most altcoins, that published “USD price” you see on the chart is not really a USD price — it’s the USDT book multiplied by whatever the prevailing USDT/USD rate happens to be. Below the top twenty names, actual USD spot volume is somewhere between one and five percent of the USDT volume. Below the top two hundred, the USD book is essentially theoretical. That leaves the executable universe forking into three practical tiers: |Tier|Tokens|Realistic short instrument|Real-world cost| |:-|:-|:-|:-| |Top \~20|BTC, ETH, SOL, BNB, XRP etc.|Perps on Binance/Bybit/OKX or spot on Coinbase/Kraken|Funding 5-15 % APR typical, ±50-150 bps drift over a 20-day hold| |\~20 to \~150|Mostly USDT-quoted|Perps on major CEXs + some DEX perps (Hyperliquid, dYdX, GMX)|Funding more volatile, depth thinner, 10-50 bps slippage per leg| |Below \~150|USDT-only|Spot margin borrow (if listed and borrowable at all)|Borrow APR that can quietly eat the entire modelled edge| Some of the highest-ranked statistical pairs I’m seeing sit squarely in tier three. Which is the honest way of saying the strategy works beautifully — on paper. \*\*The question I keep coming back to\*\* If you were designing a published “top N” crypto pair-trading universe — the way a US equity quant would calmly publish a top-250 list — how would you actually scope it? A few sub-questions I’d value real-operator views on: 1. \*\*Denominator.\*\* USDT is clearly the unit of account for something like ninety percent of global crypto volume, yet it remains a private-company IOU with a modest history of partial depegs. Do you build the entire universe USDT-quoted and treat USDT/USD as its own separate risk factor, or do you split into a tight USD tier and a wider USDT tier? 2. \*\*Instrument.\*\* Spot pairs or perpetual futures? Perps solve the shorting problem cleanly — no inventory, no locate, funding is simply the cost — but that funding rate is live, dynamic, and perfectly capable of flipping sign mid-trade. Does it make sense to publish a pair signal whose true “borrow cost” remains unknown at the moment of entry? 3. \*\*Venue cut-off.\*\* Do you insist both legs have a liquid perpetual listing on at least one major venue (Binance, Bybit, OKX, Hyperliquid, dYdX), or do you accept spot-margin borrow as a fallback for names that only clear one side? My instinct leans toward the stricter rule — anything that cannot be reliably shorted gets a quiet “not retail-shortable” badge and drops out — but I’m genuinely interested in the counter-argument. 4. \*\*Jurisdiction.\*\* US-accessible venues (Coinbase, Kraken, Hyperliquid, dYdX, GMX) versus the rest of the world (add Binance, Bybit, OKX, Bitget). Two separate products, or one product with a venue tag per pair? 5. \*\*Top 10 / Top 100 framing.\*\* On equities we publish a top-250 because that is roughly the cohort where cointegration holds and execution costs are uniformly cheap. Crypto feels chunkier: the top twenty majors behave like one big BTC-beta asset class, the fifty-to-one-hundred-fifty alt-L1s, L2s and DeFi names carve out their own sector cohorts, and the long tail starts to look a lot like gambling. Does a single “Top 100” still make sense, or are we actually looking at two or three category-specific lists? \*\*Where I’m leaning at the moment\*\* Two coverage tiers, labelled with complete honesty: \- A \*\*USD-quoted tier\*\* of roughly twenty-five to forty tokens, built around what a US retail account can actually execute cleanly on Coinbase or Kraken, with optional long-only or inverse-substitution framing. \- A \*\*USDT/perp-quoted tier\*\* built around tokens that carry a liquid perpetual listing on at least one of the major venues, with both clean spread P&L \*and\* funding-adjusted P&L shown side by side. I keep circling back on whether to publish anything at all for the long-tail, spot-borrow-only tier. The statistical relationships are genuinely interesting; the execution realities are genuinely brutal. \*\*Deeper plumbing available\*\* If anyone wants the longer version — Tether redemption mechanics, depeg history, perpetual funding arithmetic, US versus non-US friction stack laid out side by side — I wrote a more detailed piece on it. Happy to drop the link in the comments rather than clutter the body. \[Optional image: clean two-column chart showing “modelled universe” (\~900 eligible pairs) versus “retail-shortable universe by tier” (top-20 / top-150 / long-tail). I’ll attach if I run it.\] \--- \*\*Question to the people actually running systematic strategies in crypto right now:\*\* what venue + instrument + denominator combination did you ultimately settle on, and what do you wish you’d known about the funding-rate cost before you went live? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

AbjectFee5982

Look into USDT and get back to me

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Post is by: Both_Astronomer8645 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tlmk7y/do_not_trade_commodities_like_they_are_meme_coins/ A lot of crypto traders think they understand volatility because they survived a few BTC wicks and watched a dog coin do a 70% round trip. Then they touch Natural Gas and realize the physical market does not care about their definition of volatility. I've noticed a dangerous trend lately. More and more crypto perpetual platforms, even smaller, aggressive ones like BYDFi are listing TradFi commodities like NATGAS-USDT or CL-USDT right next to crypto pairs. And for a crypto-native person, it’s an absolute trap. A meme coin pumps because of a Discord raid, a new mascot, or a Twitter thread. NATGAS moves 15% in a day because weather models for the US South changed, LNG feedgas flows dropped due to spring maintenance at a Texas plant you've never heard of, or the weekly EIA storage report came in light. It is a completely different language. The real danger is that the user interface lies to your nervous system. NATGAS-USDT sits there in the asset list looking like just another perp pair. Same Buy/Sell buttons. Same leverage slider. Same USDT margin. The interface makes it feel familiar, and that is exactly how you get liquidated. Crypto is driven by narratives and liquidity. Commodities are driven by brutal, physical supply and demand. Commodity perps on crypto venues are an incredibly fast way to discover that just because you can trade something with high leverage doesn't mean you should. If you don't know what an EIA storage report is, keep your hands off the gas. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Salamandrine88

real experience, ive had the virtual card for about 8 months in EU, USDT spend works fine on Apple Pay, no Apple Pay rejection in my country one ATM withdrawal got declined randomly once, second machine worked, no explanation. small annoyance not a dealbreaker.

BitWizard78

Wanted Binance to be my everything app but the spending side just isn't there. Split it up now, Binance for trading, Oobit for daily stuff. Paid for my gym membership and a haircut with it this week and it still feels weird that my USDT just works at a barber shop lol

LiveSlay

True. Stablecoins make lot of sense in day to day operations. but stablecoins can be frozen by a government like how USA froze USDT belonging to Iran. Thats the biggest issue. You cant freeze Bitcoin.

otetmarkets

Most “crypto safety” disasters come from two things: giving up your keys (seed phrase, fake support DMs, sketchy apps) or signing a malicious approval/permit that lets a drainer move your tokens; “flash coins/flash USDT” is basically a fake balance trick, and “crypto logs” usually means malware logs that steal your wallet/session data. Stick to official apps, never type your seed anywhere, don’t sign random approve prompts, and periodically revoke old token approvals.

Far-Photograph-2342

Honestly stablecoins are what make crypto cards feel actually usable day to day 😅 Spending volatile assets always feels weird psychologically, but spending USDC/USDT starts feeling a lot closer to normal banking, just faster and more global.

Hannahshear

USDT/USDC on a major L2

Obtusk22

both of them, yeah. BitMart took me like 2 weeks to fully set up, apple pay was the worst part, kept failing tokenization for whatever reason. eventually worked. FX at checkout is fine on paper but i ran it next to my regular bank card on the same purchase once and the gap wasn't zero. bybit one was less of a headache here, separate EU entity so onboarding was actually fast for once. holding USDT specifically, it just spends without converting, which is the bit that matters because you're not getting some surprise rate. crypto. com i'd skip honestly. the CRO cashback thing has been bleeding for years and you only find out after you lock in. oh and don't trust the "works across EU" line on any of these without testing in YOUR country. mine took two tries to activate properly.

No-Masterpiece2246

don't worry, Tether is the buyer of last resort. And they back ~~fake USD~~ USDT

Many_Willow_5176

They're fine as long as you pick the right one. I am using oobit from a recommandation from my friend and I just tap from my wallet and cashback in USDT

Ok_Accident7959

weex is a non kyc exchange. Works well if you have USDT or other cryptos. would just not leave anything on there, but it worked for me to just swap some alts into BTC w/o KYC

dmx442

> Combine this with the ability to use digital assets like BTC, ZEC, ETH, USDT, etc. as collateral in banks and we will see an explosion of trillions of dollars in market cap across the board. Initiate **ZE DUMP!**

rozetyp

Pulled the receipt. The swap produced the full 2,011 USDT. Then in the same tx the output was split: 1,576 to you, and 421.83 (21%) to 0xd0a67cb0. So this part isn't price impact (that would mean the swap produced less) - the full amount came out and a flat 21% was taken off the top. That address is a fee-collector that's done this on 100+ swaps and currently holds $31k - a systematic cut, not a liquidity artifact. But it also isn't MetaMask's own fee - that's 0.875%. The tx did route through MetaMask's real Swap Router + 0x Protocol, but the 21% and its destination were set by whatever front-end you actually opened the swap in. That's the layer that took the cut. So the thing to identify is the site/app you started the swap from - that's what configured the fee, and what's worth warning people about.

CrazyAppel

u got sandwiched by a MEV bot. 1. bot sees u make sell order 2. bot instantly makes same order but puts gas fees way higher 3. because of this wOCT price drops 4. your transaction goes through on much lower price (10-15% loss) 5. bot buys back the wOCT and pockets your loss Although yes, you got attacked, and it's not REALLY a slippage/liquidity issue, but it IS relevant. The only reason this MEV bot was able to do this is because it knew there wouldnt be any other transactions happening during this time. You can only assume this risk if the coin has low liquidity. In the end, the issue is with you, YOU decided to swap from wOCT to USDT instead of manually making multiple swaps from wOCT to ETH to TRX to USDT. You may claim that it was an attack and not your fault, but I can also claim you are lazy and risked so much to save some time...

Realistic_Fee_00001

USDT is not decentralized you cannot swap decentralized from a centralized coin.

Responsible-Pay-6763

Bro BTC, ETH, SOL and POLY Worst thing to hold is USDT - 20-30% stables BTC i am accumulating, no idea what will happen. Wintermute just said btc is way high Not sure this is dump plan or what but i l stay careful I still think 45k-50k btc is in book Maybe when USA ground invades IRAN?

shosuko

From the line given I'm betting OP was already scammed. The employee owes him a substantial amount of money that the boss is gonna pay out in USDT? This is already stage 2. The money the employee "owes" him are the scammed funds for sure.

Afraid-Till-6659

For me, actually doing it helped more than any video, but I had to be really careful about not losing my shirt while learning. I spent a lot of time on Kraken just watching how spot orders work before I even touched futures or leverage. What really clicked was using a demo account to understand how liquidations and margin actually function in a live-feeling environment. I used the 50K USDT demo on BYDFi to practice setting stop losses and adjusting position sizes without any real financial risk. Just don't let a successful demo run make you think you're ready for high leverage on a real account, because emotions change everything when it's your own money.

whoiskathleen

The biggest lesson I’ve learned is that capital preservation is far more important than chasing every single green candle. It’s better to follow a strict checklist before every trade: always define your stop loss, never risk more than 1% of your total account, and always test a new strategy before going live. I started out on Binance but quickly realized that I needed to understand perp mechanics without losing real money. Using a demo account, such as the 50k USDT one provided by BYDFi, is a solid way to practice order execution and leverage management. Nowadays, I keep my long-term stash on Kraken and only use these execution venues for active trading once my plan is actually proven.

didnt_hodl

all stablecoins can be remotely frozen, as recently happened to Iran's USDT no one can control the 1 EH/s bitcoin network. no one. think about it, it's a big difference

Django_McFly

Sounds like a scam. Maybe it isn't. I would make an address I control, send them the address, send them https://www.coingecko.com/en/coins/tether and say send me $1 of USDT on Ethereum using the official token address. They'll either do it and they're legit or they'll reveal won't for *reasons*. Then you'll know that not only does this person owe you money, they tried to set you up to get scammed for even more money.

LargeSnorlax

> and the debtor's employee Huge red flag. Employees will never repay a debt. > wants to pay me back in USDT. Decline. Scam. > You have to deposit $1000 on USDT for activation to get a domain trading account capable of receiving mainnet transfer funds." Decline, scam. Are you sure you opened up a coinbase account? It sounds like you're being rerouted to a scam site.

YuntHunter

You can't even deposit USDT to Coinbase they don't accept it.

Ok-Paint-635

I honestly don’t get all the negativity thrown at BitMart sometimes. been using it casually for about 9 months, withdrawn DOGE, BTC, and USDT multiple times and it’s never let me down. maybe some people had issues early on but from my side it’s been super reliable and stress free.

Lumpy-Researcher6603

One of the biggest lessons I learned is that execution and custody are two completely different things. Early on, I treated my exchange account like a long-term savings wallet, but after seeing platforms fail, I now move anything I'm not actively trading into cold storage immediately. For actual trading, I use a tiered approach: keeping my main positions on Kraken for their reputation, while using other venues for specific execution needs. I might use a platform like BYDFi when I want to test out a strategy on a specific perp pair without putting my main stack at risk, especially since they have a 50K USDT demo account for practice. Separating your trading capital from your holding capital saves you a lot of stress when market volatility or exchange FUD starts picking up.

dum_penda

Most people lose money on shitcoins because they buy the hype when the early holders are already looking for an exit. That "catch" you’re worried about is usually a combination of high slippage, network gas fees, and the fact that liquidity can vanish instantly when everyone tries to sell at once. If you’re determined to try, treat it strictly as a gamble with money you expect to lose entirely. It might be worth testing the waters with the 50K USDT demo account on BYDFi or checking out the low-cap listings on KuCoin to get a feel for how volatile these move. Just remember that chasing 10x gains usually leads to 99% losses if your timing isn't perfect.

Adventurous-Cattle53

USDT

BitWizard78

Voted no as well because I bought groceries with USDT last week on my Oobit card. People saying crypto can't buy real things in 2026 aren't paying attention

suckyuhhmada

The spending side is definitely lagging behind the holding side. Most of the infrastructure for actually using stablecoins day-to-day is still regional or requires jumping through hoops to find a compatible card. On the accumulation/trading side it's way smoother — you can move between USDT and pretty much any token quickly on a lot of platforms. BitMart is one I've used for that, decent range of pairs and it doesn't make you jump through 10 steps to convert. The real gap is that last mile from exchange to physical spend.

foreveryoungperk

look for USDT.dominance at 9.5-11% to load up long term on alts

VeryGrumpySchnauzer

Exponentially more utility? Interesting… what else other than functioning as a currency (USDC, USDT and Ethereum can do that too)? Bitcoin payment p2p takes at least 10min… EVM bring that down to seconds. Not to mention the fees. Ethereum’s smart contracts give much more room for utility development in crypto than Bitcoin. A real new digital decentralised financial system can be developed. Bitcoin will always be the OG. But I wouldn’t say they “dont seem to serve any function”.

Revolutionary-Cup78

Correct, but that doesn't mean the US dollar is bad money. It's dumb to use it as a store of value, I totally agree with that, but it serves a different, also fundamental purpose. Have you heard the analogy of the circulating bill that by itself ends up clearing an enormous chain of debts? Fiat like the US dollar is by design meant to be spent, holds a stable value, which allows things to be priced, and has a hint of inflation (to promote people spending it, keep the economy machine running) Owning assets, including hybrid asset money, is smart store of value. But expecting that to push away stable transactional money is narrow, both will always coexist to some degree. USDT is already the most transacted cripto (traded volume) precisely because how good of a transactional money the USD is. BTC has the highest market cap (of crypto, crypto still is small compared to stocks) precisely because how good of a store of value it is. Neither will replace the other

na7oul

At least USDT is stable !

realpotatotom

Boltz has USDT now 

True-Lychee

There actually are some DeFi protocols that let you directly swap native BTC for USDT or others. I think chainflip does for example.

Intelligent-Log191

The mistake was treating a long-term futures position like something you actually controlled. If Weex can close DEGEN/USDT and then argue over $4,273, the risk wasn't just price, it was custody. Long-term thesis should be spot/self-custody, not exchange futures with a support ticket as your stop loss.

Brilliant-Table9

One underappreciated thing about stablecoin-based spending cards is the separation from your bank. If your bank account gets flagged or frozen for any reason while you're abroad, having a separate card loaded with USDT gives you a fallback that doesn't depend on the same institution. Not for everyone but useful as a backup layer.

Equivalent-Web978

10% back in USDT and not some token I have to pray gets listed? Been burned by cashback in native tokens twice already. How can I get into oobit?

Routine-Weird4284

That's a really valid concern. Even I didn't think of it like that. We make our profit in USDT/USDC, but you can't directly spend it.

Junior-Impact5276

Just do some research bro because a friend showed me Oobit after I ranted about this exact thing at dinner. Now I just tap my phone and my crypto pays for the meal plus 10% back in USDT too. Still dunno how I was manually converting every time

SupernovaScoped

ICRYPEX is actually just a black hole for USDT. Lost $1K thinking the platform was legit. Sad part is their website and systems seem fully operational still just scamming away

bryce_6787

If you are trading crypto pairs, for example BTC/USDT, does the capital gains tax apply given you are trading one crypto for another? wouldn't it just mean you are rolling it into the next coin rather than it being for individual events?

UnknownEssence

I'll do it for a 10% cut. You send me the $1.10 USDT and I'll mail you $1 in cash. Il already a millionaire from btc just check my post history for 10 years ago so I won't scam. You want a legit way to get this done? There ya go

CryptoNommmad

The gas thing trips up everyone once. TRON needs a small amount of TRX in the same wallet to pay the transfer fee, the USDT cant pay for its own movement. Two ways out. Buy 10-15 TRX (couple dollars) via P2P and send it to that wallet, then your USDT moves fine. Or if its an exchange account, depositing TRC20 USDT into Binance or Bybit usually works without holding TRX because the exchange covers the deposit gas

Important_Divide5403

Ive seen this done with Rolexes. Some greymarket dealers take USDT/USDC , Take the watch back, sell it for “similar” value in your native currency. Might take a bit of a loss, but Ive seen it be done

gsts108

Okay. So it's not hundreds of millions, it's a. Reasonable value but not one you necessarily need professional help/cost for. If you were able to get an account at Binance can you get accounts on other platforms? Some exchanges offer cards or connection of USDT to Apple or Google pay. This may be one way to use the money, albeit slowly. Those platforms may also allow bank transfer.

Wise-Statistician172

Trump is going to use failure of the CLARITY Act as a *sledge-cudgel* against the Dems at midterms. All he needs is Bessent and Warsh to hammer home the *fact* that the Dems pushed tens of trillions of dollars offshore because they wanted to pwn the Trump sons. Devs will just continue to code outside of the US, and Dubai will host all the stablecoin providers who want to offer “rewards”. “All of that stablecoin… trillions and trillions of dollars in beautiful USDC and beautiful beautiful USDT that *would have* paid down our national debt… in the hands of our great Middle Eastern ally… and they’re a great ally… and they’re *rich*, ohhhhh they’re *RICH*… we’re selling them F-35s and B-2s now because ohhhhh they’re have *a lotta* money!… because Pocahontas and the rest of the Dems don’t like you to get 4 and a half percent on *your money in your savings account*….” -Trump October 2026

CFTA83

Binance may not let you convert USDT into cash directly but if you convert it to another crypto currency they should let you convert it to cash and then you can withdraw to a crypto friendly bank such as the ones mentioned above. ChatGPT is your best friend for finding a solution for this.

julius_h_caesar

Idk about Binance but on Kraken at least you can withdraw your fiat in USD from your Kraken account to your local bank. Then your account gets a bank to bank transfer of USD. Other option is to find an OTC trader in your country. He accepts your USDT and gives USD instead for a fee. Beware of scammers ofc.

cowboyabel

Careful, dude. You have $60k USDT and don't know the difference between a dex wallet and an exchange. I suggest you learn more about these systems before doing anything.

TertlFace

You’ll need to speak to a lawyer in your country who understands the law there. Trading USDT for fiat \*is\* trading crypto. Whether the law there defines that as an illegal transaction requires legal counsel. Depending on the law, you may already be in violation by simply holding that USDT. Receiving it in the first place may be illegal. So doing anything further with it could compound the problem. Nobody here knows where you live, what the specific laws are, what the penalties are, what amount(s) hit legal thresholds (e.g., it may be a misdemeanor up to a certain amount, and a felony above that amount), and how to mitigate that. That’s what lawyers are for.

ReallyOrdinaryMan

I think you missed the part where OP received the amount in USDT which is centralized, and same OP wants it to legalize it, not us.

Ok_Complex8873

You are part of crypto scam. You can't earn crypto in a country where it is illegal. There is no such thing as remote USDT deposit. If you have keyes, you can transfer to other wallet or to Binance. The money that you "invested" originally - lost.

cashflashmil

Don’t treat this like a tourist cash-out shortcut. Use a regulated exchange or OTC desk in a country where crypto off-ramps are legal, and confirm first that your bank accepts crypto-related wires. Have your KYC, full transaction history, wallet trail, and proof of how you earned the USDT ready before you move anything. If the amount is large, do a small test withdrawal first and don’t try to hide the source of funds. That’s how accounts get flagged.

CFTA83

USDT has been delisted and banned in Europe and several more places. It might be easier to exchange USDT to USDC and then sell to cash. Open an account with Wise or N26 to withdraw from Binance and then send the money to your normal bank account. It would have helped if you stared which country you are in.

Attorney-at-Law-337

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knivef

The part nobody is talking about with tomorrow's 14 May 2026 - CLARITY Act vote: the banking lobby spent months lobbying for the stablecoin yield ban that's now in the bill. They got it. Then rejected the bill anyway on 9 May 2026. The ABA's argument is that the "bona fide activities" carve-out is too loose. That concern is legitimate. It also applies to every version of this bill crypto companies would ever accept, which suggests the goal isn't better language. It's delay. Also buried in the 309-page text dropped just after midnight on May 11: the reserve mandate restricts backing to short-duration Treasuries and overnight repos only. Corporate paper and money market funds don't qualify. Tether holds both. Circle doesn't. The bill banks are trying to kill would hand Circle a structural compliance advantage over USDT. Committee markup is 10:30 AM ET May 14. Even if it passes, the floor vote needs 60 senators. Step one of a longer fight.

foreveryoungperk

next good time to accumulate alts for long term will be with USDT.Dominance around 9.5%-11%

ImaginaryActuator895

the infrastructure point at the end is the part most people are gonna gloss over but it's the real thesis here imo. everyone debates USDC vs USDT vs whatever yuan token Beijing might cook up, but the actual value capture is in whatever moves all of them reliably. couple projects working on the cross-token cross-chain routing layer (eco is one). starts to matter more as the issuer count grows. the capital controls thing is the real bottleneck for China tho. you cant have a stablecoin that works globally while also controlling who can move money out. those two things are fundamentally at odds and i dont think Beijing has figured out how to square that circle yet.

foreveryoungperk

accumulate altcoins when USDT.Dominance is at resistance (rn looking at around 9.5-11% for the long term

xxALLARKxx

Whether Bitcoin goes up or down, we have seen more adoption of Monero on our Marketplace(ALLARK) with Sellers, Brands and Buyers using it, than any other currency. Something to note, its almost the most popular alongside USDT etc

Prior_Parsley3960

# Malaysia Crypto Robbery Probe Stalls as Lawyer Warns of Possible Police Interference * A lawyer representing **8 Chinese nationals** allegedly robbed of crypto in Kajang says Malaysia’s investigation into **12 police officers** is taking unusually long. * The suspects include officers from Malaysia’s Commercial Crime Investigation Department and face allegations tied to a fake anti-scam raid in February. * Lawyer “Charles” warned he may escalate the case to the Malaysian Anti-Corruption Commission if police continue providing no updates. # What Allegedly Happened * Victims say officers raided a rented bungalow under an “Op Taring” anti-scam operation. * The group was allegedly threatened with arrest and immigration action unless they paid. * After negotiations, the victims reportedly transferred **50,000 USDT (\~RM400k)** to a wallet address provided by the suspects. * Police later found no evidence linking the victims to Cambodian scam operations.

chillinewman

Ok l, but still. "As of mid-2026, USDS (Sky Protocol), the successor to DAI, does not currently have a direct "freeze" function in its core smart contract that allows a single entity to unilaterally block funds, unlike centralized stablecoins such as USDC or USDT."

Prior_Parsley3960

* [Tether](https://tether.to?utm_source=chatgpt.com) froze **$514M+ USDT** across **370 wallets** in the past month, mostly on the Tron network. * 2025 blacklist totals now reach **$1.26B across 4,163 addresses**, according to on-chain tracking from [BlockSec](https://blocksec.com?utm_source=chatgpt.com). * Roughly **$698M** of frozen USDT has already been permanently destroyed using Tether’s `destroyBlackFunds` function. * Only **\~3.6%** of blacklisted wallets were later unfrozen.

SirArthurPT

In this case is different. USDT falls into deep shitcoins status, like USDC and many other so called "stable coins". They can remotely freeze funds, so even with your keys you can't do anything.

No-Masterpiece2246

Nice take on the last 9 years of crypto. I agree with most of what you said except for the rise of AI generated stablecoin payments. No difference between them and the USDT trading bots that ran BTC price up to $100k several times. That's not real growth, that's speculation and wash trading. And Tether is freezing billions in assets weekly now. That's surely driving panic in Iran, Lebanon, etc. I see payment happening with crypto more and more as banking apps and websites become less and less useful. When governments and banks start denying payments base on arbitrary AI rules, they'll quickly become less useful, and crypto will become more useful.

tutoredstatue95

What should a stablecoin be pegged to? USDT is worth 1$ Subject to inflation

hpbobc

do not sign up for give a ways, credit cards or debt cards on any coin site, they are not a bank. i use pay pal to fund my trading and not link my bank, been using pay pal for decades. make small transactions at the beginning, if you send or receive coin to another wallet, i have found it is easier to send USDC (same as cash) and USDT is a cash coin tether. make your coin buy or trade then go to etherscan and look up your. Transaction Hash: it will look like this 0xda90edb9afbbf29228443f614b21d65fccea8801fcaecc0417f037f6f518bfdb your site or hot wallet address will look like so 0xee7ae85f2fe2239e27d9c1e23fffe168d63b4055 you can look up and keep track of both on etherscan and 2 or 3 other like etherscan that shows most Transactions.

ozza37

You are not coping. The observation is structurally correct and the reasons behind it are worth unpacking properly. The supply fragmentation point is real. In 2021 there were roughly 10,000 tokens with meaningful liquidity. In 2026 that number is orders of magnitude higher. The same pool of speculative capital that drove 50x returns on midcaps in 2021 is now spread across a vastly larger number of assets. The math on individual token returns is genuinely worse even if total crypto market cap reaches similar levels. The VC unlock problem compounds this. Most of the L1s and L2s launched in 2023 and 2024 have significant token unlock schedules running through 2025 and 2026. Every time price rallies, insiders and early investors who bought at 10 cents are selling into retail at $2. That is structural selling pressure that did not exist at the same scale in 2021. The two-day pump pattern you are describing is consistent with low conviction accumulation. Someone moves price, retail chases, the mover distributes into the chase, price drops back. That is a thin liquidity environment not a rotation environment. Where the cycle playbook still holds is in the distinction between narrative-driven speculation and structural fundamentals. The tokens that have genuine on-chain activity, real fee revenue, and actual user growth are behaving differently from the ones that are pure speculation. The rotation is happening but it is more selective than 2021 and the window for each token is narrower. The signal worth watching right now is stablecoin deployment. When USDT dominance starts falling consistently it means capital is moving from stable to risk across the board. That is the precondition for a genuine altseason rather than the sector-by-sector rotations we have seen so far this cycle. We track this weekly as part of the Crypto Cycle Indicator in the Market Pulse if that context is useful. The stablecoin deployment basket is one of the four components in the CCI and it is one of the clearest leading indicators for when broad altcoin rotation actually starts versus when people are just talking about it. [https://www.themarketsunplugged.com/macro-pulse/](https://www.themarketsunplugged.com/macro-pulse/)

Mean-Anxiety5041

I'm looking for 10k - 50k USDT Cash deal. Legit seller only to reach out. Scammers please stay away.

Neither_Chicken_3679

I do this exactly. I keep the "safe" stack on a main exchange and use BitMart specifically for the gems. I just send USDT over whenever I want to buy something specific much cleaner than keeping idle funds in two places.

OP90X

Kinda glossed over the early fraudulence of Tether, but a good write up. USDT faked it til it made it, but it was hella dicey for a while there...

justaguytrying2getby

It's a scam. And there's no way to win it. If your friend does this, he'll sign up on the fake website you mentioned and give his identity directly to them. The balance listed there for the transfer doesn't exist either, its fake. When he goes to move the first tranch, he'll have to pay a fee. They may actually send a first tranch to his wallet as incentive to continue or provide the illusion is real, but the first tranch will be a small amount for "testing". Side note, even if the site actually sends USDT, your friend would be participating in international money laundering. This gives the scammers blackmail leverage. If your friend complains, they threaten to report him to the authorities for moving illegal funds. Anyways, when tranch two happens then it'll be a much larger sum of fake USDT, your friend will have to pay a much larger fee to move it. But then it all disappears, he never gets tranch two and his fee money is gone. A friend of mine had this happen with a forex scam a few years ago and had to file for bankruptcy. I warned him up front he'll lose all his money he gives them, but the get rich quick desire hits some people in ways you can't convince them.

Ok_Complex8873

Send a physical letter - warning- in writing, and send an email of the document that you are sending. This is a classic advance fee scam. Here is the kicker. Moving USDT cannot be restricted by China, only yuan denominated assets are subject to control. Also, be ready to lose them as friends, as they may end up hating you once they lose money after you warning them. I have my own friends who asked me to lend them money for the another get rich quick thing - that is how I learned about their "deal". I have declined but they did not listen. They ended up losing their primary home, but they never mentioned this thing again.

Odd_Major6399

Check out Meow because they do US banking for offshore entities with native USDC and USDT support on Solana and Ethereum. No fees on stablecoin payments and FDIC insured accounts with wire and ACH. A couple funds in our network use them