USDT

DrSpeckles

Even that statistics shows how pointless this “leadership “ is. 59% of crypto holders hold USDT. Not 59% of the population. Plus it may be in wallets that are totally unused. Just dust.

Eastern-Access-7555

Absolutely not. What I do is way smarter. I buy USDT from OTC desk and convert to BTC onchain directly with leather finance, i wouldn't trust anything else. \[ne va pas marcher a cause du keyword usdt je pense, faut edit jusqua y arriver i guess\]

AvailableAd6119

Oh man lucky you. 1k USDT would change my life right now but i aint that lucky 🫠

iamumairayub

USDT staking... Lol...

5khan1

Everyone joked about the prince, Whole time hes upgraded from wire transfers to USDT and we’re still ignoring him. Time for me to respond to the emails. 

LFDR

“Hello I’m a British prince, you have inherited 1 million pounds. Urgently donate 1000 USDT to get access to your inheritance”

RollingMeteors

>into a tollbooth that explicitly refuses USD but happily takes stablecoins like USDT and USDC Thank god. Waiting for USD to crash so I can finally buy property and build a stream warehouse on it.

Felix4200

Not really, the advantage of the US dollar is that everyone trades oil in it, everyone has dollars on hand and everyone need dollars. They don’t need or want USDT and they don’t have it on hand.

SirArthurPT

nope. USDT and USDC can be remotely locked by Tether or Circle. So not a good option at all.

Aggressive_Lie_4446

Trading in USDT and USDC which are backed by US Treasuries is not inflicting any punishment on the US.

Aggressive_Lie_4446

Then you have no idea how USDT especially works. USDT is not only trackable, Tether can easily blacklist your coins. USDT and USDC are NOT decentralized coins and have never claimed to be . Tether claims that USDT is backed by US Treasuries. Essentially it is a digital form of the dollar and Tether at the request of law enforcement can freeze and blacklist your address ,meaning the funds are either unmovable or lost forever. USDC also has a "kill switch" though Circle often waits until it gets a court order to freeze an individual's address.

KarateYoungster

I mostly need it for USDT and USDC, would a hot wallet be better for that?

Competitive_Dance478

It is harder to trace it They can use USDT and USDC to buy into crypto then it is very hard to track where money went

_sindet

I have a clean USDT on binance but I want to swap to XMR which is the best way and which tools do I use ?

moldyjellybean

Title is missing major part what crypto? Because I’ve seen USDT freeze funds, I’ve seen centralized crypto do centralized garbage. BTC maxis get created when centralized things fail

Bluejumprabbit

This is the opposite of a dollar coffin story. Iran settling in stablecoins is still mostly settling in USDC or USDT, which means they're exposed to US dollar value and US issuer counterparty risk. It's sanctions evasion using dollar-denominated tokens that bypass correspondent banking, which Bessent's team is fine with. The USD doesn't need the old banking rails if USDC is the settlement layer. The signal worth watching is if these flows shift toward EURC, RLUSD, or non-USD pegged options. That's when the dollar thesis actually changes.

fan_of_hakiksexydays

Officially they are accepting stablecoins and yuan. There are also rumors that they accept other cryptocurrencies and euros. We already know the Iranian government has funds, and has wallets that have been using and accepting BTC, ETH, USDT, XRP, LTC, and TRX.

Saffuran

Yeah there are plenty for other currencies and gold. If Iran was taking USDT or USDC the article would be nonsense but it seems like they are taking digital versions of the Yuan.

juanddd_wingman

Thank you for the explanation. You touch a very good point when stating "You can't just create 1 billion stablecoins worth $1 each because you would need to back it with $1 billion". How do I know how much dollars Tether or [company-behind-stable-coin] really have to back their coins ?. Who checks this ? The government, police ? Is this a unlicensed bank ? Is all again the same FIAT scheme of trust-me-bro. If 1 USD = 1 USDT = 1 USDC, how are those companies making a profit ? I hope not by selling more of their tokens, than real USD reserves they say they have. Trust them bro I guess

ReasonablePossum_

Tell me how will they know it's money you weren't expecting? Lol This isn't a bank my dude, it's crypto. Literally anyone from any platform /exchange/wallet could have done that transaction due to an address error. There is no metadata attached to those USDT to say anything about it. Like I said, you send it back or you just keep it.

_DaBau5_

I’m not sure what you mean. Do you mean if USDC or USDT created a million coins, or your example coin? It is not in USDC or USDT’s best interest to do that since they have much more to gain by continuing business as usual. Can make many more millions of dollars by providing good business than scamming one time and ruining your reputation

Coininator

Check the order book; this can be easily done on big exchanges like kraken or coinbase on the USD or USDT pair. Make a limit order to be safe. You are not going to move the market price by selling less than 1 BTC ;)

simonmales

I don't use stable coins. But understand the use cases. And of course they assume trust as you mentioned: Pleb can permissionlessly accept USD. I understand in some parts of the world, opening a bank account is a big deal, if not impossible. People and business cannot stomach the fluctuations. So they accept 1 USD and spent that 1 USD with some gas token. We had to pay a vendor in China and we didn't have the stable coins of preference. E.g. we had USDC, but they only accept USDT (or vice versa, don't recall). In the end we agreed on BTC. But we had to pay the invoice within 30 mins to avoid the fluctuations.  Because they are not treating BTC as money rather than a store of value. And stable coins as money.

SimUnit

USDT has the ability to blacklist individual addresses, which stops the smart contract from interacting with those addresses. Tether routinely blacklists addresses to co-operate with law enforcement, and if they are directed to do so, they will blacklist an account with hacked assets, and re-issue funds back to the original address. So for tether specifically, there is functionally a way to perform a clawback-like procedure.

Zarigis

The top one is a scam token that you can safely ignore. Don't try to send it or use it or anything, it's basically just spam. Your balance of actual USDT is all the matters.

liftcookrepeat

This is why I focus on reserves transparency, that's the term that actually matters here. Quick step, check the latest attestation and what assets are counted, not just headlines. Timing before audits can be noise but it still raises questions. Also remember redemption and access can vary by region and KYC. Are you holding USDT or just using it short term?

Stats_DontCare0

That “mirrored S” one is usually just how some explorers label the token standard, not a separate coin you need to worry about. ERC-20 tokens can show up with slightly different labels depending on how the data is parsed. If the balance matches what you were sent and it shows as USDT, you’re fine. No action needed. It’s more of a display quirk than anything actually being different in your wallet.

Top_Performance_732

this is bad advice, if its the verified USDT contract you have nothing to worry about, just find the real USDT contract and then check if the USDT in your wallet is the same, if it is there is literally no possible way to get scammed

Shrijit27

You could look into Delta Exchange India if derivatives are important for your strategy. From what I have seen, quite a few traders here use it for BTC/ETH derivatives, and the FIU registration gives some level of regulatory comfort from an India perspective... One thing to keep in mind is that deposits and withdrawals usually happen via INR rails, so many people end up using a mix of platforms depending on whether they prioritize USDT transfers, derivatives access, or long term storage.

frozengrandmatetris

people use tron, just not people who speak english. it had aggressive marketing in the global south. it is THE way to use USDT in many foreign markets

cizmainbascula

transfer to a cold wallet --> send USDT to the seller unoficially. That's what I did when I bought my car, sent the seller 18k USDT, 2k cash. On the official bill of sale it was 2k.

AutoModerator

Post is by: Equivalent-Health554 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1s8o623/crypgoio/ Scam scam scam Was dwindled after being investing through trust app. Purchased USDT, told to swap using crypgo.io. Scammers handles go by Rich.crypto Ceo-usd Wallet Please be careful out there *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.*

Ropl

if you do it, 60% LTV is the part that would scare me, not the idea itself. i'd want way more buffer — more like 25-45% if the collateral is BTC and the purchase is something as non-liquid as an apartment. if the goal is just to unlock stablecoins against BTC, there are options built for that too; Liquidium does BTC-backed USDT loans or Sats Terminal lets you compare between different options. Full disclosure: I work there. either way, i'd optimize for boring survivability over max capital efficiency.

Fickle_Actuator_5145

The yield ban on stablecoins is the part nobody is talking about enough. Right now, protocols like Aave and Compound let you earn yield on USDC and USDT. Under the CLARITY Act, that goes away for regulated stablecoins.\\n\\nWhat that means practically: issuers like Circle and Tether would need to choose between being \\"payment stablecoins\\" (regulated, no yield allowed) or operating more like securities. Most will pick the regulated path because that's where institutional money flows.\\n\\nBut here's the thing people are missing. DeFi protocols don't need permission. The yield won't disappear, it'll just move to decentralized stablecoins like DAI or newer algorithmic ones. So you end up with a two-tier system: regulated stablecoins for institutions and payments, and unregulated ones for yield farming.\\n\\nThe real question is whether that's actually bad. Regulatory clarity for 90% of stablecoin use cases (payments, remittances, business treasury) while DeFi stays DeFi? That might be the best realistic outcome we could hope for from Congress.\\n\\nAlso worth watching: the 401(k) crypto rule that just dropped yesterday. Labor Department opening retirement portfolios to digital assets while simultaneously restricting stablecoin yields creates an interesting push-pull dynamic. They want crypto in retirement accounts but don't want grandma earning 8% on USDC. Make it make sense."

semanticweb

That is a good point. Negotiations are still going on I think. Hope they can find a middle ground. I checked aave for supply APY of stablecoins and it is 1.97% for USDT and 2.49% for USDC. If coinbase is providing yield for depositing stablecoins, we are providing liquidity to the exchange. They are sharing a % of the profit they are making with us. Else it is very difficult to offer 3.5% APY.

Miralunes

[https://leather.finance/](https://leather.finance/) This is generally always the cheapest/fastest way to do BTC **<>** USDT, it's an aggregator which means it scans all the actual possible ways to swap and deliver the best rates.

cccanterbury

i just wish Coinbase would honor USDT deposits on solana chain.

Veronica_JW

I usually look at the largest exchange's order books (e.g. Binance's BTC-USDT), as their volume is the largest and often most stable, resulting in less irregular wicks. You can refer to the largest markets on CoinGecko "Markets" section: [https://www.coingecko.com/en/coins/bitcoin#markets](https://www.coingecko.com/en/coins/bitcoin#markets)

Mshari9006

In reality, I am one of them all my money in crypto is in USDT, and it's not a small amount. The reason is that Bitcoin is in a position where it's difficult to buy right now; we still see it in a continuous decline, and trading has become a clear risk given the current conditions. I am truly waiting for a signal to gradually enter.

DangerHighVoltage111

It doesn't matter USDT is controlled and centralized they freeze your coins if they like.

ReplacementFormer861

Bitcoin is down 47% and every headline is about the crash. Nobody is talking about the $316 billion sitting in stablecoins right now, the largest pile of crypto dry powder in history. That money did not leave crypto. It parked inside it. USDT gained $115 million in a single week while Bitcoin was dropping. The infrastructure stays warm. The capital stays ready. The big question is how much of that $316 billion is actually waiting to rotate back into Bitcoin vs how much has permanently migrated into enterprise payments and treasury operations through USDC. The answer changes the entire narrative.

ArmandoElTexan

CMC put me onto BTC Rush some time ago, and for months I was collecting and using my daily free pickaxe. I had maybe 11 USDT, 3 Ton, and 90 CHZ. I figured even though it was so minuscule, takes such lengthy periods of time, and was free, that I could one day maybe cash out. Guess not

FriendsMade_MeDoIt

tbh in our group we ran into this same issue once we stopped using CEXs, and it got way more confusing than expected. most of my friends ended up using bridges or swap services but everyone kept complaining about fees and extra steps. what worked “easiest” for us was just picking one method and sticking to it so we didn’t keep messing up networks. if you’re moving from BTC mainnet to something like USDT on another chain, there’s usually gonna be at least one middle step no matter what. curious what others here are using now though, feels like everyone I know is still kinda winging it depending on the day 😅

LinusVPelt

I understand better now, thanks for clarifying. In that case - for repeated needs of small sums - the solution seems to be crypto debit cards: https://koinly.io/blog/best-crypto-debit-card/ The two I heard the most about are: **Bleap Mastercard**: often a top choice for international travel, **0% foreign exchange (FX) fees, no conversion markups**. **Crypto.com** Visa Card: popular global option with tiered rewards (up to 5% cashback) and perks (airport lounge access); some tiers require staking its native token. At the moment. In countries where you can pay directly with crypto, like Bolivia in USDT or Lugano (USDT and BTC), you don't need a crypto debit card. Hopefully there will be more countries accepting direct crypto payments. Even if there won't be, the solution is already there.

Ninjanoel

USDT is only down 0.001% though!?!

arcrenciel

The gas fee i paid just now to send payment was $0.0078. The only other fee i paid, was the merchant not passing me the entire cost savings. They were paying their easy, convenient, tradfi payment processor 3.5% + $0.15, but they only gave me a 2% discount. So there's technically an additional 1.5% fee to the merchant. The chicken and egg problem needs a market leader to resolve. If there is a major company that leads the way, by saying "Screw visa/master/amex and their exhorbitant fees! We'll bypass them and reap the savings ourselves!", then adoption will rise. If you know you can get things 2% cheaper EVERYWHERE if you pay with USDC/USDT, then suddenly taking 5mins to topup $2k to your crypto wallet (that's a $40 savings at 2%) every month for your regular cost of living spending, will make sense.

arcrenciel

Topped up a gacha game i was playing. With USDC on Arbitrum. They accept USDC, USDT, PYUSD (that's paypal's stablecoin), BTC and ETH.

SeinityVa

if your fine with a decentralized exchange, hyperliquid it has SPOT there and you just sign up with email, it has gold, s&p500, nasdaq (xyz100) and its trusted its kinda mainstream in the crypto world depositing is straight up just send the money however its only USDC not USDT and some other crypto currency

seomarlboro

Incredible work. The 5-hop pattern before funds hit the consolidation wallet is exactly what makes these cases hard — most victims give up at hop 2-3 when the trail looks "cold." The key insight you demonstrated: scammers rely on victims not knowing that Tether (USDT) has a blacklist function and that exchanges have compliance channels that respond to documented freeze requests. Most people just file a police report and wait. One thing that helps scale this kind of work — documenting the cluster map (which wallets share deposit addresses, as you did) is the single most valuable artifact for LE. It proves organizational connection between wallets that would otherwise look unrelated. The on-chain taunting section is wild. These guys are arrogant because they've gotten away with it so many times. That arrogance leaves traces.

Brave_Agency_20

I had the same issue and found an unexpected solution. I know it might seem random, but an exchange in Paraguay called X4T significantly helped me.  I discovered them through a friend who relocated to South America and started using their services for cash transactions. My requirement wasn't cash-based, as I needed bank transfers. It turns out they facilitate international bank transfers with offramps at 0.89% without any limits, and they also offer a volume-based structure. I recommend reaching out to them if you're interested. There's a large digital nomad and expat community, mostly freelancers who offramp their stablecoin salaries through them. Information about their services is readily available. Moreover, they still handle USDT and possess a license, which was a significant advantage for me. It appears they are quickly growing and expanding internationally now, especially since regulations are quite favorable for them.

aprx4

You need an exchange that converts USDT to something else regulated like USDC, am i correct? Hyperliquid has USDT/USDC spot pair. It's very good DEX.

Saffuran

Friend, US Treasury bonds back USDT and USDC -- the stablecoins are an effective extension of the bond market (regardless of where they are based - Tether is based in El Salvador, it doesn't matter) and as such they are subject to the jurisdiction of the US Government and regulations.

djejjeff

USDT are already out of USDT. US can do many things outside their formal jurisdiction. If US ban yield on stable coins# there will be no yield.

dopaminedune

Banks deal with currency issued by USA government. USDT is not issued by USA government. If they try to interfere with USDT by saying that it is under the jurisdiction of US government. Then they will just move the company out of US. You are right about the seat at the table. It was lobbied by banks who are breathing their last breath.

AutoModerator

Post is by: Key-Coyote584 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1s498xa/que_opinan_de_la_cripto_fabric_protocolo/ Fabric Protocol muestra actualmente un comportamiento interesante tras una fuerte corrección en el mercado. Según el gráfico, el precio se sitúa alrededor de 0.02526 USDT, con una recuperación del +6.94%, lo que indica un posible rebote a corto plazo. Tendencia reciente: El activo viene de una caída pronunciada desde niveles cercanos a 0.050, mostrando una clara tendencia bajista en días anteriores. Señales actuales: - Rebote técnico desde el mínimo en 0.02278 - Incremento en el volumen, señal de entrada de compradores - Velas verdes recientes sugieren posible cambio de momentum Escenario posible: Si mantiene el soporte actual, podría buscar niveles cercanos a 0.027 – 0.030. Sin embargo, aún se encuentra bajo presión bajista, por lo que no se confirma una tendencia alcista sólida. Conclusión Fabric Protocol está en una fase de recuperación tras una caída fuerte. Puede representar una oportunidad especulativa a corto plazo, pero con alto riesgo. Se recomienda precaución y confirmación de tendencia antes de tomar decisiones. *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.*

Stock-Courage-3879

The biggest reason is that most people don't even know it's this easy now. They tried something in 2021 that was clunky, got burned or got bored, and never looked again. For USDT specifically, the setup is pretty seamless now. I use Spritz and fund it directly from my wallet. If you're already holding USDT it's kind of a no brainer for day to day spending. The trust issue with the companies is still valid. A lot of cards disappeared without warning and people lost funds. That history doesn't go away quickly.

Djaancrypto

What you exchange it for depends on your goal. Most common, you sell BTC into fiat like USD, EUR etc. So you’re going from BTC to cash. That’s what people do when they want to lock in gains, pay expenses, or reduce risk. Another option is selling BTC into stablecoins like USDC or USDT. This keeps you inside crypto but removes volatility. It’s useful if you plan to re-enter later or stay liquid without going back to a bank.

AiTradingRanked

I've been running trading bots for about 14 months now, and the honest truth is that most people have unrealistic expectations about what they can do. Bots don't make you rich overnight. What they're actually good at is removing emotion from trading and executing consistent strategies 24/7 while you sleep. DCA bots are probably the most reliable strategy for most people. You set a base order, define safety orders at percentage drops, and let the bot average down automatically during dips. It's boring. It won't make you a millionaire. But it consistently outperforms panic selling and FOMO buying, which is what most manual traders do anyway. Grid bots work well in ranging markets but get destroyed in strong downtrends. If you're going to use a grid bot, stick to high-cap pairs like BTC/USDT or ETH/USDT — don't grid trade some random altcoin with 90% drawdown risk. The biggest lesson I learned: the bot is only as good as your strategy and risk management. Backtesting matters. Setting stop losses matters. Not overleveraging matters. The bot just automates the execution — you still need a sound trading plan behind it. One more thing — always start with small amounts. Paper trade first if the platform offers it. I blew $400 learning this lesson the hard way. Don't repeat my mistake.

Hikiko_Mori

This. Honestly the only reason I got into crypto was because I was doing a side hustle that pays in stablecoins (USDT), and because I didn't have credit card back then to use for online purchases, I was using those USDT I earned to buy some viewing points on an adult live chat website lol. So yeah, I'm one of those people who was already using crypto for payment without knowing the fundamentals and other technical details of the blockchain technology. I just have a basic grasp that it can be used for transactional purposes, which then makes it attractive as an investment asset.

CarLogical7812

If you’re already sitting in USDT, you don’t need to touch exchanges anymore. Keep it in your wallet, maybe earn a bit on it, then spend with Oobit when needed. Works on Visa rails so acceptance isn’t an issue

Long_Illustrator_988

Imagine thinking you can have "total control" of USDT

donjoe0

Meanwhile Asian and other regulatory environments aren't adopting such limits, so you can still get things like constant >10% APY on your idle USDT and USDC (but only applies to the first 1k of allocation on each) through the Flexible Savings instrument on CoinEx (Hong Kong).

snek-jazz

> It is the sane default assumption. There's either demand for USDT or there isn't. If there's no demand for it they can't buy bitcoin with it because there are no people who want to sell their bitcoin for it. If there is demand for USDT than they have a real business model and can sell it for dollars.

Asleep_Onion

Who TF is getting paid their salary in USDT?

funkinaround

> Every sane person would ask: "show me" This is what attestation reports are for. Every quarter, sane people ask for evidence of Tether's backing from a third party who checks and they receive attestation reports showing Tether's backing. > Tether is 100% backed by USD  What is cash in a bank? It is a loan to a bank. What is a US Treasury Bill? It is a loan to the US Government. Tether changing its backing from cash in a bank account to loans to other parties is not a significant change in backing. > Tether does not buy BTC  The conspiracy theory that Tether takes unbacked USDT to buy Bitcoin is still nonsense. > Tether and Bitfinex have nothing to do with each other  I think it has been known since the beginning that Tether and Bitfinex were affiliated. In the past, the way you'd get Tethers was to deposit to Bitfinex and request a USDT withdrawal.

AutoModerator

Post is by: North_Complaint_3721 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1s2t8mm/help_with_usdt/ I have a self-custody wallet where I store my cryptocurrency, and I had a significant amount of USDT (Tether) on the Tron network. Recently, I encountered an issue where I am unable to transfer the USDT to any other address. After some investigation, I found out that there seems to be a legal issue at play. Apparently, there is a court-issued warrant sent to Tether, which might be affecting my ability to move my funds. When I try to send the USDT to a different wallet, the interface in my wallet looks normal. Everything appears to proceed as usual during the transaction initiation process. However, once the transaction is submitted to the blockchain, it ultimately fails with the error message “FAILED - TRANSACTION REVERT.” It’s like the transaction is being blocked or reverted by something outside of my control. This issue has left me unable to access or move my funds, and I’m now looking for any possible solutions to unfreeze my USDT and bypass whatever is causing this blockage. Do you have any ideas on how to solve this issue, or ways to legally or technically address this kind of situation? Any advice on what my next steps should be would be greatly appreciated. *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.*

Powerful-Apricot7624

I'm using Oobit for that which connects to Phantom and you pay via contactless anywhere. The USDT leaves my wallet directly at the card machine without touching an exchange

CryptoOnTheSidewalk

Which chain is your USDT on, and are you moving it off regularly or letting it build up before withdrawing? Most people land somewhere in the middle, keep only what they need for near-term bills on the exchange and sweep the rest to a wallet, just keep in mind self-custody adds its own risks like key management and network fees.

AutoModerator

Post is by: Enough_Angle_7839 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1s2hep3/tether_says_it_finally_signed_a_big_four_firm_for/ [Tether says it finally signed](https://btcusa.com/tether-finally-signs-a-big-four-firm-for-its-first-full-audit-after-more-than-a-decade-of-promises/) a Big Four firm for its first full audit After all the years of promises, NYAG/CFTC history, and reserve controversy, do you see this as a real credibility turning point for USDT — or just something that only matters once the final audit is actually published? *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.*

AutoModerator

Post is by: empiricist10 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1s2gq8d/crypto_investment_or_loan/ If you're currently staking USDT, I can offer a more attractive return. The capital won’t be exposed to trading risk — it will be deployed in business payments with predictable margins. Open to sharing full details with serious investors. *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.*

AutoModerator

Post is by: empiricist10 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1s2gdk6/crypto_investment/ If you're currently staking USDT, I can offer a more attractive return. The capital won’t be exposed to trading risk — it will be deployed in business payments with predictable margins. Open to sharing full details with serious investors. *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.*

snek-jazz

They've already been in complete denial that USDT (i.e. Circle/Coinbase) is audited already, and has been increasing in market cap more than Tether recently.

eyeseepoop

“If soon we can hope that USD and market in itself be tokenized, what use is the for USDT?”

Comfortable_Wait8012

\- yield on reserves -USDC and USDT are fiat or dollar backed stablecoins but there are some other types of stablecoins too which are backed to other cryto asset like makerDAO and algorithmic stablecoin which was a big failure (UST) but there are also stablecoins which are both backed and algorithmic like frax so yeah there are many stablecoins

berepere

real estate deal done in USDT yeah, tell me another

PropaneInMuhUrethra

I've used it to buy/pay for things online where transaction time and confirmations aren't really critical, even one contractor had an option to pay his invoice in BTC. But I just don't see it as practical being used for small everyday items like coffee, transport, groceries etc - things that need almost instant settlement. Yes, you could use USDT but what's the point?

anymonero

What's this then: https://exchange.coinbase.com/trade/USDT-USD

bitcoin_islander

Noce try but Coinbase doesnt support USDT, only USDC.

DarthBories

how do you turn that into USDT?

RectalSpawn

You mean USDT? They freeze people's funds all the time. Considering how much crime takes place in crypto, it makes sense that funds might need to be investigated.

YogurtCloset3335

Yeah USDC is run by a Goldman Sachs executive and USDT is run by US government agent Howard Lutnick, they should be plenty safe /s

AutoModerator

Post is by: Fanatical_Hypocrite and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoHelp/comments/1s0kxdu/mexc_tp_triggered_at_995_but_executed_at_10303_on/ I had a trade on OIL (WTI) USDT and something doesn’t add up. • Position: Short • Entry: 100.48 • Take Profit: 99.5 The price moved as expected — it went up first, then dropped past my TP level. So the TP should have closed the position in profit around 99.5. Instead, my order was executed at 103.03, which is: • Above my entry price • Way above my TP trigger So instead of profit, I got closed at a loss. MEXC says: • TP triggered correctly • Order became a market order • “Low liquidity” caused slippage But here’s where it doesn’t make sense to me: For my order to fill at 103.03, there must have been actual trades/liquidity at that price at that exact moment — otherwise how did it execute there? I asked them for: • Trade history (time & sales) • Order book snapshot • Confirmation of trigger price source They refused to provide any of that and closed the case saying everything is normal. Also worth noting: • My position size: ~30k contracts • Reported liquidity during move: ~1.9M So my order was relatively small. I get slippage happens, especially in volatile markets — but a TP at 99.5 filling at 103 on a short feels extreme. Has anyone experienced something like this on @Mexc or other exchanges? Is this actually normal under “low liquidity,” or does this sound off? *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.*

CryptoAd007

Just stop using KYC based Centralized Exchanges. CEXes get hacked, block withdrawal at whim, sell your KYC data, delist pairs at will. Hence, the general advise would be to stay away from CEXes. **Remember, in Crypto, Not your Keys, Not your Coin.** You can do almost everything through non-KYC P2P and DEX now. In fact hottest tokens come to DEX first. - First have a non-custodial wallet like Trust Wallet, MetaMask, Rabby, Phantom etc. - Go for F2F direct deal for converting FIAT to USDT or USDC. One may use rUSDTexchange or rUSDCexchange to find counterparty for the same. - For cross chain swap, use SimpleSwap, FixedFloat, SwapSpace etc. - For same chain swap, use UniSwap, QuickSwap, PancakeSwap etc. - For spot, future or margin trading, use HyperLiquid, Lighter, Aster, EdgeX etc. **CEXes are Dinosaur. They're a thing of past. Move on and enjoy the freedom.**

Tchu_zee_bish

So ETH/USDT pool has 1.7% slippage? Good to know. BS

Ok-Onion-5073

Same here, never seen legit proof of Flash USDT on TRC20. Just hype and excuses. If something’s real, it should show on chain. I rely on Coindepo platform for data, clean charts, wallet tracking, and alerts instead of empty claims 👀

AutoModerator

Post is by: MeanEntertainer6527 and the url/text [ ](https://goo.gl/GP6ppk)is: https://invite.atoshi.org Just click the link and register, you’ll get Atoshi worth 15 USDT instantly. If you proceed with KYC verification, you’ll get some more - but it’s not necessary to receive the initial bonus. No deposit needed. Just type in invitation code to receive the 15 USDT worth of Atoshi Hey. My invitation code:XY3GDR ATOS is a mobile mining cryptocurrency with nearly 13.7 million users. https://invite.atoshi.org *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.*

TheresNoSecondBest

Horrible rating at [trustpilot](https://www.trustpilot.com/review/pionex.com) One of the reviews: "Pionex offers a Level 1 verification that only requires KYC information such as Country and Name. However, this Level 1 appears to be misleading for users. While Pionex allows deposits of USDT at this level, withdrawals may later be blocked due to a “security concern,” **forcing users to upgrade to Level 2 verification.** The specific security concern is not disclosed. In practice, this means Pionex effectively operates with only Level 0 and Level 2, as Level 1 **users are still required to complete full KYC to withdraw funds**. New users should be cautious and not be attracted by Level 1 unless they are prepared to proceed to Level 2 verification immediately upon signing up."

Warrior_witha_Garden

you can buy BTC directly on DEX's with USDC... Robo Sats with the lowest fees are paid in USDT and USDC. I dont think stables are great but what they do better than anything is on boarding. Sure you can export inflation via the dollar. but its a 100x easier to buy btc with a stable coin than some shitty African currency. Stable coins might extend dollar dominance but it will also be its decline, because those dollars can exit the system quickly. I am not advocating for stables. I am advocating for the cheapest spread and ease of use. He could try and use strike if its accepted. You still need to get those dollars to the person that wants them. You can try cash app or strike but many people stopped accepting because of reporting requirements. Not the biggest fan of coinbase but you can deposit the 500 to coinbase then covert to USDC. then send that USDC to anyone in the world MUCH easier than cash or ACH is all im saying. hold the stables and send to robosats and boom your done.

Sweaty_Ferret_8374

Most of these wallets are solid for holding but nobody's mentioning spending. I use Trust Wallet daily and recently connected it to Oobit so I can actually pay at stores with my USDT. Works anywhere Visa works. Changed how I think about "everyday use" so it's not just about moving coins around anymore

AutoModerator

Post is by: Inevitable-Fly8391 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1ry8wjj/what_is_the_bitmart_card_and_is_it_worth_using_in/ Hi everyone, I’m still relatively new to crypto, and until recently I wasn’t paying much attention to exchange-linked payment cards. Now I have a practical need: I want a simple way to keep some USDT and use either a virtual or physical card for everyday spending, online purchases, and possibly mobile wallet payments. I’ve been comparing a few options, and recently I came across BitMart Card. From what I’ve read, it seems fairly straightforward: works anywhere Visa is accepted; offers real-time crypto-to-fiat conversion at checkout no annual fee; supports Google Pay That all sounds good on paper, but I’m still cautious. I’m based in Europe, and one thing I’ve learned is that availability and real-life usability can vary a lot depending on country, KYC rules, and local payment support. So I wanted to ask: Has anyone here actually used BitMart Card in Europe? Does it work smoothly for everyday purchases, both online and offline? How has the experience been with KYC, activation, payment reliability, and general card usage? Any issues with declined payments, support, or card management? If your main use case is holding USDT and spending normally, would you recommend it? Also curious how it compares with other options like [Crypto.com](http://Crypto.com), Bybit, RedotPay, or older Binance Card setups. I’m not trying to criticize the product — I’m just trying to understand whether it’s actually practical in day-to-day life before I move funds around. Would really appreciate any honest feedback from people who’ve used it. Thanks in advance. *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.*

AutoModerator

Post is by: Boss_public01 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rxxv9r/crypto_cards_are_finally_getting_good/ For years they were incredibly clunky, got declined at half the terminals, and punished you with terrible hidden spreads. Now, it feels exactly like using any other credit cards. I tapped my BitMart card for a grocery and shoppping this morning and the merchant had absolutely no idea I just paid out of a USDT wallet. The future of seamless spending is finally here. *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.*

Aggravating_Ring_714

BTC or USDC/USDT. Everything else is bs for longterm. This is coming from a long time ETH and Solana holder.

Zestyclose_Cheek527

>Other crypto than BTC are scam What's the reasoning behind this? >I dabble in like USDT Btw consider switching to USDC since Tether freezes coins on gov request, USDC freezes coins when legally obligated

DepthHorror9528

Other crypto than BTC are scam.. But I dabble in like USDT for hedge etc sometimes.

Efficient_Wrap_2525

Everyone seems to have told you what you fucked up, so I'll tell you how to avoid it. Next time you move such a large amount of crypto, split the transactions**.** Assuming the trade isn't price sensitive (which, in this case, I doubt it was because USDT), you should split it up into smaller amounts (<10k/txn preferably). Space these transactions as far apart as feasible. There are literal companies that do that process for you, **OTC desks**. While they're usually for selling/buying amounts that would fuck the market, I'm sure they would help you out with a 6 fig txn. Personally, I use Zerocap.

coinfeeds-bot

tldr; Binance saw its largest stablecoin inflow in five months, with over $2.2 billion in USDT deposited on March 18. This surge in liquidity coincides with the US Federal Reserve's interest rate decision, a key macroeconomic event influencing global risk appetite. Institutional investors appear to be preparing for market volatility, building liquidity to capitalize on potential price movements. Analysts suggest this influx signals renewed institutional confidence in digital assets, regardless of the Fed's decision outcome. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Current_Pension8792

To buy USDT cheaply, look for platforms with low trading fees, P2P options, or exchanges. Be sure to check withdrawal fees, especially if you're using networks like TRC20, which tend to have lower costs. Stables wallet also lets you buy directly, but check the fees before using it. Avoid multiple layers of fees by comparing fiat on-ramp, spreads, and withdrawal networks.

ChocoChipsTish

SOS is pretty much a narrative-driven play right now, tied to the oil/macro meme angle, so momentum matters more than fundamentals. I’ve been using BingX for SOS trades and it’s been fairly convenient so far. USDT deposits are quick, spreads are tight, and depth is decent enough to get in early. Fees are low too, which helps if you’re just trying to ride the narrative while it’s hot.

FilmFreak1082

Good comparison, but it's worth noting what's missing from this list: options built for people who don't want to configure strategies, set up backtests, or learn what trailing take-profit means. Every platform here assumes you already know what you're doing. Strategy builders, drag-and-drop bot creation, custom parameters — that's great for experienced traders but it's a wall for someone who just has USDC on Binance and wants to put it to work. I built IOI to fill that gap. A few hundred trading pairs across USDT and USDC, spot only, no leverage. You pick a pair, set a budget, press start. That's the entire setup. No backtesting interface, no strategy builder, no parameter tuning. 2,300+ trades, 92.7% win rate running my own money. Commission-based model so you're not paying a subscription hoping it works — the platform earns when you earn. The platforms listed here are tools for traders. IOI is for people who don't want to become traders.

FilmFreak1082

Ha, the "3am chart watching" problem is universal. That's literally why I built mine too. I was literally in the same spot last summer - getting telegram notifications every buy & sell... wass fun for a while... but it needed to be better. Different approach though - mine targets non-technical people. No code to deploy, no server to manage, no strategy to configure. Pick a pair from a few hundred options across USDT and USDC, set a budget, press start on a mobile app. It trades spot on Binance via API, splits positions across multiple small entries, and captures micro-profits on the swings. 2,300+ trades, 92.7% win rate on my own capital. No futures, no leverage. Your momentum breakout strategy is interesting - do you find it struggles in sideways/ranging markets? My bot actually performs best in those conditions since it's designed to buy dips and sell recoveries. Curious what your win rate looks like across different market conditions.