Reddit Posts
Hydra | A permissionless, open-source, proof-of-stake blockchain | Stake HYDRA to help maintain the network
BTCMinetrix | ERC-20 | Cloud App | Stake Tokens = Mine Bitcoin | Audited | Presale Is Almost Finished | Join Before Official Launch
Opportunities and Challenges in RWA Tokenization
BitcoinMinetrix | ERC-20 | Cloud Mining | Stake To Mine BTC | Audited & SAFU | Jump In Before Listing
Last night I posted about the original $HOKK at 40k market cap. In 12 hours it shot to 1.5m. It has been climbing from the floor over the past 2 hours now. $HOKK was 500m in 2021.
Yesterday I posted about the original $HOKK at 40k market cap. In 12 hours it shot to 1.5m. It has been climbing from the floor over the past 2 hours now. $HOKK was 500m in 2021.
Yesterday I posted about the original $HOKK at 40k market cap. In 12 hours it shot to 1.5m. It has been climbing from the floor over the past 2 hours now. $HOKK was 500m in 2021.
Do you know any launchpad / launchpool that only required USDT ?
BitcoinMinetrix | ERC-20 | Cloud Mining | Stake Tokens = Mine Bitcoin | Audited & Safe | Presale Is Almost Finished | Join Before Listing
What does this cost mean on Binance Futures?
remember HOKKAIDU INU? Old bizcoin now at 40k mcap. Well it's being shilled on /biz/ again!
[SCORP] 5 Secret Reasons why $SCORP is My 2024 Top Pick! 500x Potential
I accidentally sent a screenshot of my bank balance to a p2p trader on Binance. Can they do anything with that information?
PRESALE | BitcoinMinetrix | ERC-20 | Cloud App | Stake Tokens To Mine BTC | Audited & SAFU | Join Before Listing
Chimpzee Is Going To Announce The Date Of The Next Exchange Listing On Bitmart Today
Am I understanding the tax law in the US right?
Cloudax - Web3 with SocialFi, P2P Crypto Trading and More
Cloudax - Web3 with SocialFi, P2P Crypto Trading and More
PRESALE | BTCMinetrix | ERC-20 | Cloud | App | Stake To Mine Bitcoin | Audited & Safe | Presale Is Almost Done | Join Before Listing
Binance Report Unveils Crypto Market Insights
PRESALE | BitcoinMinetrix | ERC-20 | Cloud App | Stake Tokens & Get Bitcoin | Audited & SAFU | Unique Project For 2024 Bullrun
Exchanges will let you buy any crypto, or any derivative, so long as it makes them money.
Introducing Galleoncoin / GALE : PoW privacy coin with masternodes.
BTCMinetrix | ERC-20 | Cloud Mining | Stake Tokens = Mine Bitcoin | Audited | PRESALE Is Almost Finished | Join Now Before Listing
PRESALE | BTCMinetrix | ERC-20 | Cloud Mining App | Stake To Mine BTC | Safe & Audited
PRESALE | BTCMinetrix | ERC-20 | Cloud App | Stake Tokens To Mine Bitcoin | Audited | Last Chance To Join Before Listing
Introducing iBall from $IBIT | Progressive Blockchain Lottery With $USDT Prizes | $2 per ticket | iBiT BSC
PRESALE | BTCMinetrix | ERC-20 | Cloud | Stake Tokens = Mine Bitcoin | Audited | Presale Is Almost Finished | Join Before Official Launch
Tether (USDT) Nears $100 Billion Market Cap After Printing More Than $10,000,000,000 in Three Months
[SCORP] 7 Shocking Reasons why $SCORP has a 800x Potential with Proof (see last reason)!
A community project created in 2018, with a very affordable price for your pocket.
Anyone who has digital residency... deposits and withdrawal process
For those of you who have digital residency. How do you deposit and withdraw?
Applepie $Pie | PCS listing today @ 15:30 UTC | 100K Applepie = Apple iPhone ? | Earn 10% reward daily | 3600% APR | DexTools Trending | Gateio
[SCORP] 7 Reasons why $SCORP is the Best Crypto to Buy - 800x Potential with Proof (see last reason)!
7 Reasons Why Smart Crypto Enthusiasts Choose $SCORP - 800x Potential with Proof (see last reason)!
7 Reasons Why Smart Crypto Enthusiasts Choose $SCORP - 800x Potential with Proof (see last reason)!
7 Reasons Why Smart Crypto Enthusiasts Choose $SCORP - 800x Potential with Proof (see last reason)!
Applepie $Pie | Presale Live on Pinksale |10x on Listing | 100K Applepie = Apple iPhone ? | Earn 10% reward daily | 3600% APY | Crosschain Defi Miners | Huge Marketing
Applepie | Presale on PinkSale Today @ 12:30 UTC | 100K Applepie = Apple iPhone ? | Earn 10% reward daily | 3600% APY | Crosschain Defi Miners | Binance Live | Gateio
Am I at risk by participating in this thing that looks like a scam?
Chimpzee hits over 3 billion staked CHMPZ tokens! Big burn coming!
Question on Bybit ETHUSDT perpetual trading/contract fee
$Pie | Exclusive 5-Hour Pinksale Presale | 1 Apple Watch or Iphone 15 pro max? | 10% Daily Rewards | 3600% APY | Crosschain Defi Miners |
ApplePie | 1 Apple Watch or Iphone 15 pro max? | Exclusive 5-Hour Pinksale Presale | Earn 10% reward daily | 3600% APY | Crosschain Defi Miners || AMA's with Binance
ApplePie $Pie | 1 Apple Watch or Iphone 15 pro max? | Exclusive 5-Hour Pinksale Presale | Earn 10% reward daily | 3600% APY | Crosschain Defi Miners || AMA's with Binance
I want to transfer money from Russia to USA, using crypto - what is the best way to do it?
PRESALE LIVE | Mollars Token | Store of Value Token for Ethereum Blockchain | Token Cost: US$0.45 | Nearly 1-Million Tokens Sold
Tether Issues Strong Response to UN Report Alleging ‘Illicit Activity’ of USDT
$SCORP Pre-Sale is selling out Fast - $2.9 Million raised with 6700+ participant
Transaction stuck on "Sending..." on Ledger Live
PRESALE | Mollars | ERC-20 | Decentralized Token | Store Of Value | Presale Is Almost Filled | Launching Soon | Next 10-100x Gem
[SCORP] Why SCORP is My Top Cryptocurrency Pick for 2024: Here Are the Reasons
[$SCORP] How to Get Rich with Crypto in 2024 - Here's the Blueprint
[$SCORP] How to Get Rich with Crypto in 2024 - Here's the Blueprint
[$SCORP] How to Get Rich with Crypto in 2024 - Here's the Blueprint
[$SCORP] How to Get Rich with Crypto in 2024 | Here's the Blueprint
[$SCORP] How to Get Rich with Crypto in 2024 | Here's the Blueprint
Dingdang $Meow | PCS listing today @ 16:00 UTC | 10x on Launching | Stake and Earn up to 1500% APY | Dextools Trending | Bitmart - BYBIT
Mollars | $MOLLARS | ETH | Decentralized | Store Of Value Utility Token | Join The Presale
$MILBURN; your gateway to become filthy rich | Presale smashed | Launching on January 15th | Check them out now!
Ding Dang. io | Stake and Earn up to 1500% APY | Multi Staking Pools | 10x on Listing | Presale now live on Pinksale - Ends in 4 hours | Huge Marketing | Bitmart - BYBIT
PRESALE | Mollars | ERC-20 | Decentralized Token | Store Of Value | Next 10-100x Moonshot
Ding Dang $Meow | Presale on PinkSale Today @ 13:00 UTC | Stake and Earn up to 1200% APY | 8 Meme Staking Pools | 10x on Listing | Bitmart - BYBIT
Ding Dang : Exclusive 5-Hour Presale on Pinksale | Stake and Earn up to 1200% APY | Anticipating 500% Price Surge on Listing
PRESALE | Mollars | ERC-20 | Decentralized Token | Store Of Value | Almost Filled | Massive Launch This Week
PRESALE | Mollars | ERC-20 | Decentralized Token | Store Of Value | Presale Is Almost Filled | Launching Soon | Next 100x Moonshot?
I’ve been trading crypto for 5 years and never seen this happen.
Presale Live | $MOLLARS | ERC-20 | Decentralized | Utility Token | Store Of Value | Presale Is Almost Filled | Lauching This Week | Next 100x Moonshot
Letter from Bank: Account Dormant, fine or deposit. (Banks are a joke)
PRESALE LIVE | Mollars | ERC-20 | Utility Token | Decentralized | Store Of Value | Next 100x Moonshot?
Top crypto launchpads by average ROI in 2023. Is BTC moving dramatically again?
Solana Crypto 3 Reasons why January Holds Key Dont be FOMO Chaser
PRESALE | Mollars | ERC-20 | Decentralized | Store Of Value Token | Presale Is Almost Filled | Launching Soon | Next 10-100x Moonshot
PRESALE | Mollars | ERC-20 | Decentralized Token | Store Of Value | Presale Is Almost Filled | Launching Soon
PRESALE | Mollars Token ($MOLLARS) | ERC-20 | Decentralized Store Of Value Token
Binance futures. Is my position's margin called directly determined by my leverage and collateral?
BTC biggest moves in recent history (down). Just a historical information.
[SERIOUS] Wrong network transfer - Binance to Coinbase
Hi Argentinians! Can I use crypto in your country?
GROKTETHER is an AI being developed to help create more human dialogue for robots | Presale on Pinksale starts at 2024.01.03 19:00 Utc
I really want to have much more exposure in BTC but
Mentions
🔥【MiPay new function launched】 Telephone recharge services have been launched in 17 countries around the world, including: China🇨🇳 United States,🇺🇸United Kingdom🇬🇧 Spain,🇪🇸Italy,🇮🇹Portugal🇵🇹 France🇫🇷Germany,🇩🇪Poland,🇵🇱United Arab Emirates,🇦🇪Egypt,🇪🇬Pakistan🇵🇰 Thailand,🇹🇭Vietnam🇻🇳 Laos🇱🇦 Myanmar,🇲🇲Cambodia🇰🇭 No matter where you are, whether you have digital fiat currency or cash, you can use USDT to recharge your phone bill with one click. You no longer need to worry about being in a foreign country or recharging your phone bill for a foreign number. All consumption behaviors are anonymous operations, completely protecting user privacy. There is no need to provide ID cards, passport numbers and many other documents. You can quickly register with just an email address! MiPay is not connected to a wallet, does not engage in asset management, and does not engage in flower activities. It can be transferred as much as you use, and it is a down-to-earth payment tool! MiPay download link: https://h5.mipay.ai/#/pages/register/register?shareCode=24030815405939
It’s really not that surprising once you understand how these ratings work. EURC scores higher mainly because it’s held to much stricter European rules, with clearer oversight, cleaner reserves, and better transparency. Unfortunately USDT on the other hand, has a long history of being opaque about what backs it and still doesn’t provide full independent audits. So even though USDT is way bigger and used everywhere, that doesn’t make it safer. EURC just follows tighter rules and shows its backing more clearly, and that’s exactly what these rating systems reward.
**Summary:** Two South Korean police officers were indicted for accepting bribes from operators of illegal crypto exchanges involved in a $186 million money-laundering operation linked to voice-phishing scams. * Police Superintendent "F" received $59,000 and Officer "G" accepted $7,500 in cash and luxury goods between July 2022 and February 2024 * In exchange, they provided investigative information, helped unfreeze criminal accounts, and facilitated connections with lawyers and other law enforcement * Both officers have been stripped of their positions following arrest The Criminal Network: * Operators ran illegal crypto-for-cash exchanges disguised as gift-certificate stores in high-traffic areas * Converted criminal proceeds from voice phishing scams into USDT stablecoin * Maintained a facade of legitimacy with "Beware of Voice Phishing" warning signs * Authorities froze approximately $1.1 million in illicit assets, including $600,000 in USDT The case is part of a broader pattern of crypto-related corruption involving law enforcement worldwide, with similar cases recently reported in India and Iran.
LEO is a different token with a different purpose. The 2016 token was called BFX and is now long gone. Paid baxk in early stage USDT.
tldr; Binance's Bitcoin reserves have dropped significantly, while stablecoin holdings, particularly Tether (USDT), have surged to record levels. Analysts interpret this as a bullish signal, suggesting investors are preparing for a strong market re-entry. The combination of reduced coin supply and increased stablecoin reserves indicates traders are waiting to deploy liquidity, potentially fueling a major market move. Despite current selling pressure, the buildup of stablecoins on exchanges points to optimism for future growth in the crypto market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Tether buying record gold right after getting slapped with a ratings downgrade is peak crypto theater. It's like watching someone buy a fire extinguisher after the kitchen smoke alarm goes off, polymarket’s USDT depegs odds aren’t high yet, but moves like this are exactly how those charts start bending
And anyone who’s trading crypto. Pretty much everyone buys and sells by swapping with USDT. A better comparison would be USDT volume to total USD volume.
USDT has infinite supply, as it is backed by USD. BTC is fixed supply.
I've studied USDT.D, USDT, Bitfinex & IFinex for awhile now. But what really happened was, Bitfinex didn't wanna give out customer data & never received the tokens back. USG Still holds them. My personal belief is, Whales like "Spoofy" & others on Bitfinex, aren't actually customers (It is actually Bitfinex, Gian Carlo & Paolo doing these moves. If you don't believe me, overlay the Bitfinex long rate with BTC and see the inverse correlation.) Therefore, nothing to report or at-least a small percentage. There are some great court documents explaining this. \^ Bitfinex & Tether move the market a lot. Like a lotttt.. And if you don't understand, watch USDT.D while BTC rises & Drops. Tether prints USDT usually to Pump BTC in the bull, and burns it off after. This is why you see rapid peaks then rapid corrections.
Tether has a stable coin rating of D from Bluechip, due to its continuous full audit avoidance. USDT is also restricted in parts of the world because regulators don’t consider it compliant or transparent enough. In the EU, new rules pushed major exchanges to remove or limit USDT trading, since it doesn’t meet stricter standards for reserve clarity and oversight. Some regions allow people to hold or withdraw it, but trading pairs are being phased out. regulators don’t fully trust how USDT handles its backing and reporting, so its use gets limited wherever laws tighten.
From an insider: USDT aims to reintroduce USD stablecoin for God knows what reasons.
Tether diversifying into gold is a strategic move amid dollar volatility. While they're marketing it as "pivoting away" from USD, it's likely more about risk management and asset backing diversification rather than abandoning the dollar peg entirely. This highlights an interesting evolution in stablecoins - from purely fiat-backed to more complex reserve structures. Worth watching how this affects USDT's stability and market perception, especially with regulators increasingly scrutinizing stablecoin reserves. Remember: despite the headline, USDT remains primarily dollar-backed. This is an adjustment to their reserves, not a fundamental change to the stablecoin's purpose or peg.
I do this to, but I was wondering say if you were to sell your btc. Is it recommended to convert it back to USDT ? Or would you just sell it and receive in USD? sorry im a beginner and not too farmiliar with this
I use P2P on Binance to buy USDT and then convert to BTC
Comparing USDT to Visa is irrelevant. They aren’t doing the same things. USDT is printed out of thin air and used primarily by criminals. No one’s using USDT to pay for shit, it’s for money laundering.
Conversational Stablecoins have definitely shown impressive transaction volumes! But I wonder if comparing them directly to Visa is a bit apples-to-oranges? Visa processes billions of small daily transactions while stablecoin transfers tend to be larger and less frequent. Are you thinking about this from a total volume perspective or something else? Been watching USDC and USDT's growth myself and it's pretty wild.
I know many still think of stablecoins as just holding assets between trades, but they've quietly developed into a payment powerhouse. Last quarter, USDT alone processed more transaction volume than Visa globally. The efficiency is undeniable - cross-border settlements in minutes instead of days, and fees that make traditional finance look ancient. Just be aware of the regulatory uncertainty hanging over stablecoins right now. The Treasury and SEC keep threatening new rules that could drastically change how they operate. Worth monitoring if you're using them for more than just trading.
USDT/USDC/BTC/ETH = yes
If I understood this correctly, USDT is only a medium of exchange here. The merchant doesn't need to accept USDT at all for this to work. Not sure that is something that would alert the regulators
Honestly didn’t expect SA to be one of the first places to get real stablecoin payments at checkout. Moving from P2P stablecoin swaps to literally tapping to pay with USDT is great news.
This is big for stablecoin adoption in Africa! South Africa is already one of the continent's biggest crypto markets, and bringing USDT to 100M Visa merchants could significantly boost crypto's real-world utility there. Remember though that USDT's backing has always been somewhat controversial, so it'll be interesting to see if regulators have anything to say about this expansion. Anyone from SA here who can share how this might impact day-to-day crypto usage?
Tether's stability has been a concern for a while now, and S&P's downgrade reflects what many in the crypto space have been worried about. For those unaware, stablecoins like USDT are supposed to be fully backed by reserves (dollars, assets, etc.) to maintain their $1 peg. The real issue here is transparency. Tether has historically been reluctant to provide full audits of their reserves. They claim to have sufficient backing, but their reserves include commercial paper, corporate bonds, and yes - cryptocurrencies like Bitcoin. This creates a potential death spiral: if BTC crashes hard and people rush to redeem USDT, Tether might not have enough
**Educational** Bitcoin and stablecoins serve fundamentally different purposes in the crypto ecosystem. While stablecoins like USDC or USDT maintain a peg to fiat currencies (usually USD), Bitcoin was designed as a decentralized alternative to government-issued money with a fixed supply cap of 21 million coins. Stablecoins help with day-to-day transactions and mitigate crypto market volatility, but they don't protect against inflation of the underlying fiat currency they're pegged to. If the USD loses purchasing power through inflation, a USD-pegged stablecoin will lose the same value. Bitcoin, meanwhile, has a programmatically limited supply that
Tether holding significant gold reserves is an interesting development worth examining closely. While their reported gold holdings of around $3.5B sound impressive, we should consider this in context: 1) This represents only ~5% of Tether's total reserves backing USDT 2) Traditional gold ETFs like SPDR Gold Trust hold over $60B in gold 3) Central banks collectively hold thousands of times more gold The real significance here is that a stablecoin issuer is diversifying its backing assets beyond cash, treasuries, and corporate debt. This could signal growing institutional comfort with reserve diversification beyond just USD-denominated assets. Worth noting: Tether has faced criticism in the past
Binance, KuCoin, and most major exchanges let you deposit USDT on TRC20 and withdraw on ERC20. This is actually the cheapest way to do this conversion. Just deposit your TRC20 USDT to an exchange that supports both networks, then withdraw it specifying the ERC20 network. You'll pay a withdrawal fee (usually around $5-20 for ERC20), but it's safer than using random swap sites that might be sketchy. If you don't have an exchange account, there are bridge services like Multichain or Anyswap that can do this, but I'd stick with reputable exchanges for USDT conversions
Educational: What's happening here is a clash between traditional banking values (central control) and crypto's original vision (decentralization). When banks call freezable stablecoins "appealing," they're essentially endorsing a feature that undermines one of crypto's core principles: censorship resistance. The ability to freeze assets means someone has authority to decide who can and cannot access their funds - exactly what Bitcoin was designed to prevent. Stablecoins exist on a spectrum of centralization. USDC and USDT have blacklisting capabilities and comply with law enforcement requests. Meanwhile, projects like DAI aim for more decentralized approaches, though they're not perfect either. This tension highlights crypto
Tether has a stable coin rating of D from Bluechip, due to its continuous full audit avoidance. USDT is also restricted in parts of the world because regulators don’t consider it compliant or transparent enough. In the EU, new rules pushed major exchanges to remove or limit USDT trading, since it doesn’t meet stricter standards for reserve clarity and oversight. Some regions allow people to hold or withdraw it, but trading pairs are being phased out. regulators don’t fully trust how USDT handles its backing and reporting, so its use gets limited wherever laws tighten.
Post is by: Super_Storage_3563 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p8sipv/eurc/ Hi everyone, I’m offering an OTC opportunity for those interested in illiquid or early-stage EURC assets. **Token contract:** `0x31094eD0F645Dbd5eFb6acA5B9A05E8EE0EFB386` **IlliquidMarket reference:** [https://illiquid.market/trade/692801ada3598eb713d1dd86](https://illiquid.market/trade/692801ada3598eb713d1dd86) The token has no active DEX liquidity at the moment, which makes on-chain swaps impossible. Because of that, I’m offering a direct wallet-to-wallet transfer to anyone who collects low-cap tokens or trades illiquid positions. I can verify full ownership on-chain before the deal. ### ✔️ What I offer * Flexible OTC terms * Settlement in ETH, USDT, or another agreed asset * Escrow available for safety * Quick, transparent process If you’re working with microcaps, illiquid tokens, or you see potential in acquiring positions before liquidity returns, feel free to reach out. I’m open to discussion and can provide any additional details you need. *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.*
That's incorrect. UST's collateral was Bitcoin and LUNA. Its depeg was directly triggered by LUNA's collapse. Similarly, Tether's USDT faces depegging risk from BTC volatility, compounded by their lending activities
It is better to deliberately invest in crypto. You have bills in fiat and you have signed up for fluctuating amounts. Unless you get paid in USDT like me, in which case it is like normal money but costs $30 to convert
Depends how you get paid, if it's USDC or USDT, it's safe, can fluctuate a tiny % but it's stable. If you're paid in the coin of your company then it's a bit more volatile, depending on the market cap of the coin. The higher it is, the less volatile it can be. If you wanna invest what you earn, then it's a bit easier since you can just directly buy your favorite coins instead of having to first deposit from the bank and then doing everything else. Hope I was clear enough lol.
Neither does any major stablecoin on a public chain. The actual dollars are custodied at the issuer and the issuer can freeze the USDT or USDC (and several others) in your wallet by publishing your wallet address on their blacklist that all the miners check.
Most agreed. In these four years, the only time I got to use crypto to pay for a service was a month ago, and it was with USDT. 😶
Think whatever you want; the vid is 4 years old, a lot has changed in the meantime (both of what I said above about gold and T bills are public record, I also forgot to add that they have US govt servants on their advisory board now) and the part about UST comes from noobs fundamentally not understanding what algo stables are (vs. the more traditional stables like USDT/C which don’t need algos to keep their peg and are impervious to such attacks by basic design). I’ve been in the space since nearly its inception, saw the USDT fud every single time it came up, and at some point they became not just too big to fail but legit. Stay in the space for another decade, research more and you’ll see as well.
https://www.binance.com/en/trade/USDC_USDT?type=spot Look at the orderbook liquidity at 0.9999 and 1.0000
Well I mostly don’t but I’ve seen skewed prices on Kraken and Crypto com so far, buy USDT for 1.01 sell for 99-98c or a 2-3% spread. Which CEX do you use that doesn’t charge you spreads?
Thank you for submitting to /r/CryptoCurrency, Your post has been removed because there are already 4 posts about USDT in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*
This gold is meant to back their other crypto token XAUT, not their USDT.
If not USDT then nothing because of Tether gets fucked, then whole market is done for
Forgot to add another interesting method that I used last time. https://near-intents.org/ Here you need to make a deposit and then you can withdraw, but in a different blockchain. I did the same operation as you, transferring from USDT trc20 to USDT erc20 — everything went smoothly and with minimal commission. At the moment, this is probably the best option from DEX.
https://app.rango.exchange/bridge - metaagregator https://app.thorswap.finance/swap https://app.symbiosis.finance/swap https://defi.swft.pro/#/?sourceFlag=widget-defi https://jumper.exchange/ https://bridgers.xyz/#/?sourceFlag=bridgers https://core.allbridge.io/?f=TRX&ft=USDT&t=ETH&tt=USDT Here's what I've successfully used from DEX for small amounts (up to $2,000)
That is why they want to end USDT
People have been waiting for a USDT crash since genesis
Nothing Tether says about their holdings can be trusted. This really isn't hard. If they had nothing to hide, it would be in their interests to commit to full, transparent, indepedent regular audits by a respected accounting firm. The only reasonable inference from their refusal to do this is that they have something to hide. The more crypto can transition away from USDT to reputable stables with proven backing, the better.
Every now and then, there are questions about USDC or USDT. This week we have USDT at the podium.
It’s more like they create a tokenized dollar, then people exchange their USD for USDT and then Tether purchases T bills.
tldr; S&P Global Ratings downgraded Tether's USDT to the lowest score on its stablecoin stability scale, citing concerns over its ability to maintain its dollar peg. The rating was influenced by Tether's use of higher-risk assets like Bitcoin, gold, and corporate bonds, as well as insufficient audits and proof-of-reserve reports. Despite this, 75% of USDT's backing comes from low-risk US Treasurys. Tether disputed the report, emphasizing its resilience and global utility, while CEO Paolo Ardoino criticized traditional financial rating models. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
USDC is GENIUS ACT compliant, so it's backed by treasury bills and is audited. IIRC they are technically held in custody for USDT by Blackrock but they publish audits, you can look at the portfolio of holdings here: [https://www.blackrock.com/cash/en-us/products/329365/](https://www.blackrock.com/cash/en-us/products/329365/) Tether: ??
tldr; Tether has become the largest independent holder of gold, surpassing private institutions and hedge funds. This strategic move aims to stabilize its USDT stablecoin by anchoring reserves to a reliable asset like gold, similar to central banks. The decision reflects Tether's focus on long-term stability amid market volatility and global uncertainty. Analysts suggest this could reshape stablecoin valuation and regulation, positioning Tether as a significant player in both crypto and commodity markets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
USDC does not have fractional backing and it is backed only by dollars. 1 USDC = >$1 USD held in reserve. USDT on the other hand who knows. Trust me bro cryptography.
USDT, USDC are following the same fractional reserve banking practices as banks... so banks are now salty?...
Tether has never been backed 1:1 WITH DOLLARS which is the key thing. Tether has $x worth of "stuff" backing x USDT. That stuff includes crypto currencies which can and do lose value. USDC is backed 1:1 with dollars and audited and under regulatory oversight. Tether is and always has been "trust me bro". It will work until it doesn't.
tldr; Bolivia plans to integrate cryptocurrencies and stablecoins into its financial system to modernize its economy, allowing banks to custody crypto and enabling digital currencies to function as legal tender for savings, credit, and loans. This move addresses high inflation and currency issues, with businesses already using stablecoins like USDT for transactions. The government aims to leverage crypto's advantages while addressing challenges like currency controls and inflation, reflecting a broader trend of crypto adoption in Latin America. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Unfortunately for USDT their avoidance doesn’t help their overall image, which has given them the rating they have with Bluechip.
It's 100% legit. They have reserves that support all USDT. They are the reason the stable market even exists.
Market cap of USDT is going up almost all the time since 2016.
Tether has a stable coin rating of D from Bluechip, due to its continuous full audit avoidance. USDT is also restricted in parts of the world because regulators don’t consider it compliant or transparent enough. In the EU, new rules pushed major exchanges to remove or limit USDT trading, since it doesn’t meet stricter standards for reserve clarity and oversight. Some regions allow people to hold or withdraw it, but trading pairs are being phased out. regulators don’t fully trust how USDT handles its backing and reporting, so its use gets limited wherever laws tighten.
So I also live in SA and saw this pic a week ago. It turns out you can pay at any zapper merchant using Luno Pay.... Tested it out(unfortunately when btc was at $80k) and it works. Luno even gives you 5% back in USDT that you can use to buy more btc. The fees are still a bit wild though
Everyone is predicting we're entered or have just entered the bear market, news flash we were already in bear the last year, if we're red on the year how can you call that "bull"? The reason we didn't get massive corrections is opportunity cost and relative correction, everything else pumped while BTC dumped or crabbed that's still a correction that is relative and has a huge opportunity cost + the overall crypto market especially for BTC is a lot more mature with ETFs and institutions so don't expect -80% corrections unless something massively breaks (like USDT or Binance etc.) Now this doesn't predict whether 2026 is a continuation of the bear or a return to the bull idk but usually bear lasts 1 year.
Check out Bitget as you can earn on both USDC and USDT. They're KYC. I've actually made a YouTube short showing people step by step on how to earn interest on USDC with them if you're interested: [https://youtube.com/shorts/9Wk2S6zIWe4](https://youtube.com/shorts/9Wk2S6zIWe4) I hope that helps and feel free to ask any questions if you've got any.
Post is by: EducationSharp3869 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p6uq3v/where_to_earn_passive_income_on_stablecoins/ Hi I'd like to earn passive income on stablecoins. Which platforms would you guys recommend for doing that. Hoping to earn passively on USDT or USDC. Feel free to suggest platforms that are KYC or non-KYC. *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.*
Post is by: Upset-Razzmatazz-389 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p6qsnt/they_stole_over_120k/ I had over $123K on Nexo, holding NEXO tokens, with Platinum status and part of their Private Clients program that even gave me a portfolio boost x2. On October 10, 2025, around 23:00 CET, the Nexo app just stopped working. I couldn’t add USDT, swap, or access anything. I was online the whole time, and my screen-time proves I was in the app the entire time it froze. Then, at 23:12, I got an email saying my LTV changed to 76.92 percent. Eight minutes later, another one says my collateral was fully liquidated. By the time I got back into the app at 00:26, everything was gone. All 123,000 dollars of my assets were gone. This wasn’t a glitch. This was me losing my entire portfolio while trying to protect it. Coinfomania reported back in April that Nexo had already been accused of 10 million dollars in unfair liquidations. Users got only two emails before liquidation, and the app wasn’t even working properly then. Nexo is registered in the Cayman Islands, ignoring EU and US courts, even lawyers’ letters from clients. And Antoni Trenchev? Where is he? Does he even see what’s happening? Unlike Binance, which actually compensates users when their systems fail, Nexo stayed silent. They didn’t liquidate me, they just took 123,000 dollars while their app was down. I’ve heard from so many others with the same story. Same pattern, same silence. We need to come together, organize, and actually do something, because Nexo is ignoring all of us. *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.*
So on binance there are hundreds of people of P2P that buy and sell USDT. So you go exchange it with fiat
How can you use USDT if crypto is banned? So you want to go onto a P2P platform and trade BTC for USDT, and then what? Convert USDT to fiat on that same platform? Are you buying or selling?
It will always be USDT and I will use it to buy any currency I want
Post is by: ashubisht4u and the url/text [ ](https://goo.gl/GP6ppk)is: /r/USDT_EXCHANGE/comments/1p6fyd7/usdt_deal_in_delhi_ncr_f2f_in_cash_only/ Bulk quantity is available as much as you want at the very best price. No one in Delhi can provide this price in quantity. Reach out in DM to k ow more. *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.*
1. Trezor is good. there are other options too, which i haven't tried yet. 2. no. that email was a scam. unlike USDT, Bitcoin is not freezable/blockable. no one, including ledger, can't do shit to your Bitcoin. if that email says withdraw your Bitcoins to this wallet and shows you a bitcoin address, DON'T DO IT!!!! 3. a good cold wallet with a passphrase, so even if they managed to get your 24 word seed, they still won't be able to do shit. mind you that if you forget the passphrase, your funds will be lost forever, even if you have access to 24 word seed phrase. please learn about passphrase before using it. it's the most secure setup by far but you need to understand what you're doing.
Good. BTW you never had any BTC. Your stupid exchange of choice had it on your behalf. There is a huge difference. Went right over your head huh… The less ignorant people we have in BTC today, the more of my hypercollateralized sats you will need to borrow (USDT, EURT and other stables backed by bitcoin) in the future from us bitcoiners. Bitcoin is for a smaller group of individuals that truly understand. Your kinda people should stick around swing trading memecoins and other relentlessly manipulated shitcoins… “You need people like me so you can point your fucking fingers and say, "That's the bad guy." So... what that make you? Good? You're not good.” - Mayer Amschel Rothschild & John D. Rockefeller
tldr; Bitget, a Universal Exchange (UEX), reports that trading volume in its US stock-linked perpetual futures has surpassed $5 billion. The platform offers over 30 USDT-margined stock perpetuals, including popular tickers like Tesla and Apple, with up to 25× leverage and promotional fees. Bitget integrates crypto and stock trading under one interface, allowing users to trade equities and digital assets without separate brokerage accounts. It emphasizes trust, safety, and risk controls, with a protection fund exceeding $700 million. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Post is by: KimBo_kBok and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p5kskh/mevolaxy_a_smarter_way_to_earn_through_mev_driven/ In a rapidly evolving crypto landscape, platforms that offer consistent, automated, and data driven earnings are becoming the preferred choice for both beginners and experienced investors. **Mevolaxy** has positioned itself as one of the emerging solutions in this space by leveraging MEV (Maximal Extractable Value) strategies to generate reliable daily returns for its users. Unlike traditional staking platforms that depend solely on network rewards or inflationary token emissions, Mevolaxy integrates advanced MEV bots designed to capture profitable opportunities across multiple blockchains. These bots monitor price inefficiencies, execute cross chain arbitrage, and react instantly to shifts in market momentum. The result is a more dynamic earning model, where profits come from real blockchain activity rather than unstable token incentives. One of Mevolaxy’s most appealing features is its **fixed daily payout model**, giving users clarity and predictability. The platform uses performance buffers to smooth out volatility, ensuring that weaker trading days don’t directly impact user rewards. This stability is especially valuable for newcomers who want passive income without dealing with the constant uncertainty of typical DeFi yields. Security is a major priority as well. Funds are managed through controlled execution environments and risk optimized strategies, avoiding unnecessary exposure while maximizing yield. Automated rebalancing ensures that capital is deployed efficiently and safely, without over allocating to high risk trades. The onboarding process is intentionally simple: users can connect a wallet, deposit supported tokens such as ETH, SOL, or USDT, and begin earning immediately. This accessibility, combined with strong automation, makes Mevolaxy beginner friendly while still offering the sophistication experienced crypto users look for. As demand grows for passive crypto income that doesn’t rely on speculation or unstable liquidity pools, Mevolaxy’s MEV based approach stands out. By blending automation, risk management, and measurable blockchain strategies, it provides a practical long term solution for users seeking steady returns in both bull and bear markets. Mevolaxy represents a shift toward smarter, more sustainable staking, one where technology, not token inflation, drives the earnings. Visit: Mevolaxy *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.*
Post is by: Primary-Sky7703 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/BinanceCrypto/comments/1p5h7ho/anyone_crypto_sellers_from_turkey/ My friend is in Turkey right now and wants to convert some of his cash into USDT. I personally use Binance, so the plan is for him to buy the crypto over there and then send it directly to my Binance wallet. Pretty straightforward. But since he wants to pay in cash, I want to make sure he goes through the right type of service. I’m looking for verified P2P merchants in Turkey who handle legit cash-to-crypto transactions. If anyone here has experience with this in Turkey and can point me toward reputable places or person, that would be extremely helpful. Even if you can’t help directly but know shops, OTC desks, or crypto centres that operate in anywhere in turkey *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.*
I find the timing of this story weird. Maybe it's a coincidence, but just days prior to this, all of the attention was on Cardano's stable coins depegging, which reignited discussion and fingerpointing over the fact that Emergo and Cardano Foundation still haven't gotten USDC or USDT on Cardano. Charles said in a tweet that he's not responsible for getting a stablecoin on Cardano, and says it's the Foundations job. Then this exploit happens and all entities supposedly come together for the chain and its holders, which I guess eased concerns that they're incapable of working together. Hooray. Maybe \*\*this\*\* \*\*time\*\* they're serious on getting things done? No need to talk about stablecoins, guys! Look what Cardano just did! Just ignore that ADA is way lower than 2017/2018 peak! The whole thing is weird to me.
Post is by: kkmdnes and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoTechnology/comments/1p5bavr/how_reliable_is_onta_network/ Hi guys, We are a fintech company enabling easy electronic payments, we have a strong network of merchants but this is all through traditional fintech companies. Just wanted the community's opinion on the Onta network. I've been following crypto/blockchain but not up to date with all the tech and related projects. They are enabling stable coin payments using USDT/USDC. They have said that they are integrated with the following wallets: Trust wallet, Phantom, Coin98, OKX Wallet, Bitget Wallet, TokenPoket. How trustworthy are the listed wallets? Do they have a strong user base? Wanted to see what the community thinks of Onta and the related wallets integrated to leverage stable coin payments. Thank you!! *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.*
Not really. Stablecoins aren’t killing the crypto market, they’re actually fueling it. They give traders a safe parking spot, make liquidity deeper, and make cross-chain moves way smoother. Without stables, the market would be way more chaotic. They only feel like a problem when people sit in USDT/USDC too long instead of rotating back into crypto. But overall, they help the whole ecosystem run.
You forget that there are several types of credit as well. Be it Visa, Mastercard, American Express, Discover... (I know they are just brands but so are USDT, USDC...). If enough people adopt stablecoins, somebody will create a gateway payment for them
For anyone wondering what the title said it was: “unsubscribe from /bitcoin. Mods of this community are dishonest and authoritarian” Text said: “You are very bad and not honest, mods of this community. Why you blocked my recent post, I have just shared thoughts about bitcoin and wanted to talk with with foks her. it was not spam nor links or...” (I can’t see the full message only the preview from my feed.) Yeah the mods removing this post just reaffirms OP’s criticism. I’ve had my fair share of issues with the mods here too. They took down my post for “talking about tether” when all I did was show the price of Bitcoin in USDT… as if showing the price of Bitcoin in USD is somehow not “talking about USD”. These mods are a joke for sure.
Erg is a fair launched POW L1 coin that has Smart contract, no VC, bridged to top 10 coins with their decentralized bridge (BNB, BTC, Doge, Ada, ETH and Bitcoin-runes), dapps, dexes, has their own version of USDT which is overcollaterized and new Gluon which is pegged to Gold price. Subblocks will be implemented that would increase TPS to seconds, as current block time has an average of 2 min.
That’s not the point. Replace the gold with $48b in USDT or stocks or bonds or whatever makes you understand the point
Study the divergence between native on chain Bitcoin and the paper market. Such a drop would destroy Bitcoin, depeg several stablecoins, probably end USDT, and take several exchanges, miners, corporations and governments with it.
> Is there anything that am I missing? Originally, the point was to respond to the problem of cross-trading hundreds of different altcoins. When this flood of tradable alts first happened, Coinbase and others were slow and careful, didn't list trading pairs for most alts. To fill the gap, new exchanges appeared, with hundreds of trading pairs for obscure alts. But those exchanges didn't have fiat banking - not possible to send dollar deposits or receive dollar withdrawals. Where does the trader park his trading balance at the end of the say while he's sleeping? Obviously, he converts all alts to Bitcoin, has a good night's sleep, and starts again in the morning Sometimes Bitcoin is volatile. And it's too inconvenient to move Bitcoin out to Coinbase, sell for USD, hold USD overnight, and then rebuy BTC the next day Along comes Tether to fill this gap. Don't convert all alts to BTC overnight, convert them to USDT, and sleep even more soundly knowing the same USD amount is waiting to be traded next day, without having to transfer in and out of Coinbase This is still the main purpose of stablecoins, but there are more and more people using them for international funds transfer - avoid the 3-day SWIFT delay > Tether seems completely centralized True, and in their greed, they're eagerly sucking up to authorities, very quick to block and seize funds supposedly marked as money laundering or sanctions evasion But a stablecoin doesn't have to be centralized. It could have its own blockchain, and a DAO with the authority to purchase Treasury bonds. All the stables are tokens on smartchains, but they're not all centralized > People bring their USD and deposit in a tether account and in return Tether gives you a token that is backed by the money they are holding Not really. Tether only sells wholesale, with a very high minimum purchase amount. Effectively, they only sell to exchanges. Retail customers buy USDT on an exchange, not from Tether. The same applies to redemption > how is that decentralized and out of the reach of banks or government? Even in this subreddit, there's a loud group who don't care about crypto being decentralized. Stablecoin adopters are choosing to avoid the perceived volatility of BTC. Most don't care about decentralization. A few are pro-centralization because they think regulatory compliance (censorship and surveillance) brings legitimacy The wheel hasn't turned yet. Few people have the sense to read back to what happened to e-Gold when regulatory compliance was belatedly imposed, jackboot style. The timing of that case coincided with the development of decentralized Bitcoin. Stablecoins are about 2 years away from the kind of regulatory capture which confiscates the coins of innocent users. Centralization always leads to arbitrary confiscation, some years after the launch of any innovative money system
Y’all don’t get it lmao we aren’t in a bear market or going into one. We’re coming out of one for the last 3 years . DXY breaking down from a level that sparked the last 2 bull runs, US PMI heading higher, USDT.D at resistance ready to send lower. All the indicators that have sparked the previous bull runs are flashing big green lights. Good luck don’t get wrecked.
No, it won’t. Because you can no longer redeem the 100k USDT because the other person has the USDT. I don’t think you understand much about stablecoin issuance if you’re saying this.
What? I don’t think you understand how tether/USDT works. You either “sell” USDT for another asset onchain, like Bitcoin, or you redeem USDT for USD through Tether. $100k doesn’t become $200k just because it’s on a blockchain
# ZCash (ZEC) Starts Trading in China Tonight @ Midnight - Should be a great boost to the price. ZCash (ZEC) has made its way back to OKX, one of the largest cryptocurrency exchanges in the market. OKX announced the listing of Zcash, the largest privacy token in the market, on Sunday, Nov. 23, via a blog post on its Chinese domain. The exchange, which is also the largest offshore platform serving the Chinese market, has already started ZEC top-ups. According to the announcement, OKX will launch its ZEC/USDT spot trading at 12:00 UTC on Nov. 24. ZCash has risen by over 1,100% over the past three months. The token currently has a market cap of $9.24 billion with a daily trading volume of almost $2 billion. Increased price momentum has also brought huge interest to the broader crypto privacy market. According to data from CoinMarketCap, the total market cap of this category is currently sitting at $59.6 billion with ZCash owning the greatest market share. Popular analysts are also setting bullish price targets for Zcash. Coinspeaker reported that Ali Martinez believes that ZEC will reach the $750 mark very soon after this announcement - and on Nov. 7, the asset briefly touched $736 for the first time since November 2016.
Post is by: Mean_Wasabi_3895 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p4plh8/have_btc_300_need_usdt_250/ I AM HAVING BTC WORTH 300$ AND CURRENTLY LOOKING FOR USDT OF $250 I HAVE A GOOD EXCHANGE OFFER WITH A THIRD PARTY AND STRUGGLING TO GET USDT *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.*
good luck with your crypto journey 💯 always compare available exchanges in your country before putting money in one ==> Another important note<== You can buy Usdt via any exchange( if one is cheaper than the other) and send it via cheaper chains for exmaple I transferred form bybit to binance USDT without losing any cent as I can remember correctly by selecting the Plasma chain on bybit but be sure and careful you select the same chain on both sides so that you don't lose your money as once sent it's gone forever to the address you provided.
Post is by: Proper-Plantain9387 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p4o3rb/zcash_zec_starts_trading_in_china_tonight/ ZCash (ZEC) has made its way back to OKX, one of the largest cryptocurrency exchanges in the market. OKX announced the listing of Zcash, the largest privacy token in the market, on Sunday, Nov. 23, via a blog post on its Chinese domain. The exchange, which is also the largest offshore platform serving the Chinese market, has already started ZEC top-ups. According to the announcement, OKX will launch its ZEC/USDT spot trading at 12:00 UTC on Nov. 24. ZCash has risen by over 1,100% over the past three months. The token currently has a market cap of $9.24 billion with a daily trading volume of almost $2 billion. Increased price momentum has also brought huge interest to the broader crypto privacy market. According to data from CoinMarketCap, the total market cap of this category is currently sitting at $59.6 billion with ZCash owning the greatest market share. *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.*
tldr; Indonesian authorities arrested a hacker, identified as HS, for exploiting a vulnerability in Markets.com's deposit system to steal $398,000 in cryptocurrency. HS allegedly manipulated the platform's nominal input system to generate fraudulent USDT balances and created fake accounts using scraped ID data. Police seized assets including a cold wallet with $4.2 million in USDT. HS faces up to 15 years in prison and $900,000 in fines under cybercrime and anti-money laundering laws. Experts highlight the need for stronger security measures in trading platforms. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
All depends on which one. USDT has a rating of D from Bluechip for a reason. It’s well known full audit avoidances. They’re not all the same.
Tether isn’t “reliable, audited collateralization.” That’s the core mistake here. A pegcoin only works if the issuer is transparent, and Tether still refuses to provide a full, independent audit after more than a decade in business. That’s why Bluechip rates it D. It’s why regulators in parts of Europe have restricted it. And it’s why so many payment specialists, risk officers, and treasury people don’t treat USDT as a trustworthy bridge between fiat and blockchain. You’re right that the concept of a fiat backed token isn’t meant to be decentralized. The goal is to move dollars on chain. The problem is how that’s done. A company that controls billions in customer deposits but avoids audits and keeps its reserves offshore isn’t “bringing value onto the blockchain in a reliable way.” It’s introducing counterparty risk that’s bigger than most banks. If you want an example of how this should be done, look at RLUSD. It has an A rating from Bluechip because the reserves are held by BNY Mellon, with regulated custody, full transparency, and real oversight. USDC lands in the middle with B+, because they publish monthly attestations and work with U.S. regulators. So yes…stablecoins act bank like on chain. But Tether skips the safety rails that banks are required to have. When a company won’t repeatedly submit to a full audit, has been fined for misrepresenting its reserves, and holds assets in opaque offshore entities, you don’t get reliability…you get a risk that everyone pretends isn’t there until something breaks. That’s the part your explanation leaves out.
Tether works the way you described..people hand over dollars, Tether hands back a token, and Tether controls the reserves. You’re right that this feels a lot like a bank, and that’s exactly why so many people have concerns about it. The issue isn’t that the model is impossible, it’s that Tether has a long history of avoiding transparency. Well known history of full audit avoidance. Bluechip…the independent ratings group for stablecoins, gives Tether a D rating because they still don’t provide a full audit, only quarterly “attestations,” and their own terms allow them to delay redemptions if their reserves aren’t easily available. That’s why parts of Europe have restricted or discouraged the use of USDT..regulators don’t like the opacity, and some exchanges there are phasing it out. They’re trying to fool everyone with their “new” stablecoin. On the other hand…for example…RLUSD is built in a completely different way. It has an A rating (the highest) from Bluechip because its reserves are held by BNY Mellon, one of the oldest and most trusted custodians in the world. It’s issued under a New York trust license, it’s fully regulated, and it’s designed for real payments and institutional settlement rather than a giant offshore casino. USDC sits in the middle with a B+ rating more transparent than Tether, not as strong as RLUSD. your instincts are right. Tether is centralized, it acts like a bank without the regulation of one, and that’s why its rating is so low. The point of stablecoins isn’t decentralization..it’s convenience and liquidity, but some are built responsibly and some cut corners. Tether cuts corners. RLUSD does not.
100% a scam. Coinbase doesnt support USDT, they push users to use USDC as USDC is what coinbase makes the $ on.
Stablecoins aren’t killing crypto. They’re finally giving it a real use-case. They’re the infrastructure, not the competition. BTC/ETH don’t need to be currencies to matter. BTC is a store of value, ETH is the settlement layer for everything being built on-chain. Their volatility doesn’t make them useless, but it just means they’re not meant to replace day-to-day money. What’s actually happening is that institutions are shifting from pure speculation to productive on-chain assets: tokenized treasuries, bonds, real estate, revenue-sharing… all the “real world” stuff. And this is where stablecoins are the fuel. Once you have stable on-chain money (USDC, USDT, etc...), you can invest it into actual assets, which is why platforms like Fractionvest, Ondo, etc... are popping up. So no, stablecoins aren’t destroying crypto. They’re the bridge to the phase where crypto becomes useful, not just volatile charts.
it's very simple actually, for every day use there's nothing better than stable coins, like USDT and BTC is great for long term protection against inflation. of course it goes up and down all the time, but one average it is up. so BTC is a long term savings account and USDT is a short term checking account but no CBDCs please. I do not want some remote bureaucrat controlling my coins, it's the worst form of slavery. When they set the maximums, the types of transactions, freeze your coins if you post something bad online and so on
it’s not a straight ban, the new rules just make stablecoins follow tougher laws in the US… so tether either has to follow them, leave the US market or maybe make a new coin that fits… if they don’t do it, people there might find USDT hard to use, but it’s not like it just poofs away…..
I gave up yesterday and sold everything. Just chucked it all in USDT and wait for the next ‘cycle’ or whatever that means going forward.
Purchasing USDT from Binance through IMPS and regularly convert them in BTC