USDT

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Post is by: caronjeannine15977 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sjt4aq/scam/ honestly thought my USDT and BTC were gone forever after a fake trading platform blocked my withdrawal. Got help and was able to recover my funds. Contact: +1 (343) 519-5815 \#CryptoRecovery #CryptoScam *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.*

Saffuran

Agreed, mostly just saying it as a "funny ha ha" Despite the visibility and legitimacy of Bitcoin as the "first mover" - I feel like transactions over Ethereum (decentralized but flexible -- likely actually being used if USDT is involved) or even Solana (speed of transaction, though much more highly centralized) would be more reliable. You could probably run the same check on the Ethereum Network that you did against Bitcoin to scan for potential USDT transactions that would line up with ship passage and come up with a lot of hits. Would likely draw a lot of false positives, too, but could maybe do something like scan for a range of qualifying transaction amounts in line with ship passage - log the sending and receiving address of each - and then rank wallet addresses by the time they have been used (clarified as "sending" and "recieving") in case any ships don't change their wallet addresses you could - over time - potentially tie wallets to specific ships or even find a common recieving address.

Flash-Ranger

Iran’s move to take BTC and USDT for Strait of Hormuz tolls—we’re talking $2 million per tanker—has basically nuked the idea of "anonymous" crypto for anyone in the shipping industry. Since the blockchain is public, OFAC is already blacklisting every address linked to these payments. If you’re a ship operator and you pay that toll, your wallet is permanently flagged. Here is how it’s actually playing out: 1. Automated Blacklisting: Major exchanges like Coinbase and Binance use Chainalysis to track every "hop" a coin takes. If you try to deposit BTC that originated from an Iranian state wallet, it gets frozen instantly. You don't just lose the coins; you get hit with a "Source of Wealth" audit that can take months to clear, if ever. 2. The Price Gap: We’re seeing a "two-tier" Bitcoin market. "Clean" BTC trades at market price, while "Hormuz BTC" is trading at a 10% to 30% discount on the gray market because it’s effectively toxic to the regulated financial system. 3. Corporate Suicide: For companies, it’s not just about the coins. If a firm knowingly accepts tainted BTC, they face secondary sanctions. That means the US can cut that company off from the entire dollar-based banking system. Bitcoin is still technically spendable, but the legacy financial world is successfully bifurcating the supply. It’s no longer just about owning Bitcoin; it’s about the specific history of the UTXOs you hold. If they touched Iran, they’re radioactive.

ecky--ptang-zooboing

It happened to my once on a $50 USDT transfer to Bybit. I sent it over BEP-20, and Bybit only supported ERC-20. Support said it couldn't be recovered, which is BS because BEP and ERC have the same public/private key.

apurpleflyingcar

# 8 — KNOWN LIMITATIONS * ●**AIS data gaps:** Free tier AIS may miss 20-40% of vessel activity. Actual passage counts may be higher than displayed. * ●**Toll payment assumption:** Not every vessel that transits pays the toll. Some may refuse, use alternative routes, or have pre-arranged agreements. * ●**BTC exclusivity assumption:** Iran accepts Chinese yuan and USDT in addition to Bitcoin. The BTC wallet estimate assumes BTC payment only — actual crypto holdings may differ significantly. * ●**War premium model:** The war premium calculation is a proprietary model based on public data. It is not a market-quoted figure and should not be used for trading decisions. * ●**Sanctions jurisdiction:** Only US OFAC sanctions are tracked. EU, UK, and UN sanctions are not included. * ●**News sentiment:** Keyword-based scoring is a simplified proxy for geopolitical sentiment. It does not account for context, irony, or nuance. * ●**Historical BTC prices:** Historical daily prices sourced from CoinGecko API. Minor discrepancies possible due to UTC timezone handling. * ●**Iran GDP and military budget:** Hardcoded estimates based on IMF data. Actual figures classified or disputed.

apurpleflyingcar

# 5 — IRG WALLET ESTIMATOR **IMPORTANT:** This is a mathematical estimate, NOT blockchain data. No actual IRGC wallet addresses have been identified or tracked. daily_toll_btc = Σ(passage.toll_btc) for each day cumulative_btc = Σ(daily_toll_btc) from April 1, 2026 to today cumulative_usd = cumulative_btc × current_btc_price TRACKING START DATE: April 1, 2026 Basis: First confirmed Bloomberg report of IRGC toll collection **ASSUMPTIONS:** * ●All detected tanker passages paid the toll (reality: some may not) * ●US/Israel-linked vessels excluded (per FT reporting) * ●Toll rate constant at $1.00/barrel (may vary by nationality tier) * ●BTC used as payment medium (yuan and USDT also accepted per reports) **CONFIDENCE: LOW-MEDIUM** The actual accumulated amount could be significantly higher or lower depending on actual payment rates and unreported passages. Wallet ranking labels (e.g. "Significant Holder") are model-estimated categories, not verified classifications.

apurpleflyingcar

There's real irony here. Iran chose Bitcoin specifically because the US can't freeze it ,,, unlike USDT where Tether already froze $3.3B in IRGC-linked wallets at US request. So from Iran's perspective, BTC is genuinely more sovereign than dollar-pegged stablecoins. But your point stands from the other side: the US gets a permanent public ledger of every sanctioned transaction. Chainalysis, TRM Labs, and others sell exactly that intelligence to OFAC. So yeah ,, Bitcoin gave Iran a payment rail the US can't block, and simultaneously gave the US a paper trail they'd never get with cash or yuan. Who wins? Probably depends on whether enforcement or evasion matters more in that specific conflict.

apurpleflyingcar

That's a fair point actually. Bitcoin being traceable is a double-edged sword for Iran ,, OFAC can see every transaction, they just can't freeze it like they can with USDT (Tether has already frozen $3.3B in IRGC-linked wallets). But you're right that in the real world, traceability = leverage. The US already used the ceasefire negotiations partly because of financial pressure, not just military threats. Knowing exactly which tankers paid and which wallets received it gives you a roadmap for enforcement — even if you can't stop the transaction itself. Iran knows this too, which is why they rotate wallets constantly and use intermediaries. The blockchain shows you the money trail, someone still has to act on it.

sacredfoundry

Shipping companies can pay in digital assets (Bitcoin/USDT) or fiat currencies like the Chinese yuan. Also trump seems to be trying to put the foot down on the toll issue. Honestly they should compromise and make it like a 1-4 year toll that goes away.

cosmic_censor

CoinBureau reported that Iran is accepting USDT on Tron.

processwater

Tether doesn't have the treasuries to back up USDT

Podsly

Easy, If you have a USDT/USDC Pool, fees are taken in those tokens and that’s the yield.

Wildwildworld123

yes, I use USDT monthly. I use to use BTC monthly but due to accumulating .2 at around 66k ive decided to just hold onto it.

ForVictori

Son, you are confused. Tether the company ain’t paying anyone yield, it’s the crypto companies that use USDT to generate income either by market making or lending paying out the yield to USDT holders that choose to deposit the USDT with the crypto companies

slvbtc

People are saying they want USDC or USDT payments. Why on earth would they want that when they are both American companies that have the power to freeze any coins tied to Iran at any moment. The only logical crypto to accept is bitcoin because it cant be frozen.

slvbtc

Why would Iran want USDC or USDT when they are centralised american companies that can freeze any coins linked to Iran.

EarningsPal

On Dolomite: USDC earns 9.08% APY with 4.34% of the APY is WFLI rewards For USDT at 10.42% APY with 6.76% APY coming from WFLI rewards

Purrfect_bu

Strike is not worldwide, heavily centralized and is known for closing accounts for no reason. Tbh, just go decentralized, get USDT and buy bitcoin using a DEX aggregator like [https://leather.finance/](https://leather.finance/) , that's the only good and best way.

No-Masterpiece2246

Bullshit. You can leverage trade with USD anywhere you want. Why would anyone borrow Tether, it's worthless, lol. USDT only exists because fraudsters at Bitfinex had to invent a placeholder for USD when they got cut off from banking system. Time fo YOU to do some reading.

FnAardvark

Holy fucking shit, why can't you just Google this? ​The Yield Comes from Borrowers, Not Tether ​When you deposit USDT into a decentralized protocol or a lending platform, you are lending it to other crypto traders. Those traders are paying the interest rate, not Tether. ​A trader wants USDT so they can immediately sell it to buy more Bitcoin (using leverage). They are willing to pay a 5% to 10% interest rate to borrow your USDT because they believe their Bitcoin trade will go up 30%. The trader does not care what Tether's accountants are doing; they only care that the exchange currently accepts 1 USDT as exactly $1.00 of purchasing power.

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Post is by: AcceptableAide4110 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1si2l6u/usdt/ purchasing the following contracts and digits today: NO ADVANCE PAYMENTS. Payment is made immediately upon receipt of the coin after verification. BTCBR Immediate Payment upon completion of the verification, within a maximum of 1 hour. Contract: \*0x55d6043859dbe45e0a2571ea64b3855062fd86d8\* 18 Digits or more. USDT.Z Contract: 0x4be35ec329343d7d9f548d42b0f8c17fffe07db4 floki z contract 0x5e821d76b7adfd88f2ee99c9aeb86b5c4494fd8f Minimum 12 Digits \*For USDT Cb520 contract\* Wallet with a minimum balance of 500k. Payment is made upfront with USDT Trc20 or Erc20. Payment is based on the wallet balance. If the wallet has a minimum of 500k, payment is made in a single transaction, and then the seller reloads the wallet and payments continue. Payment Schedule: From 1 to 10 million daily, at the seller's convenience. The full amount is also accepted and will be purchased. 1 million tranches or 5 million tranches \*only sellers with already tokens 5m and above, making upfront payments after the sample is done from the wallet confirm pop. \* \*Those asking money to create and time waster please keep away. This message is only for seller's with tokens already\* PLEASE IF DON'T ACCEPT DON'T CONTACT ME PLS *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.*

DangerHighVoltage111

That's why they have a special USDT for the US. Also makes it harder to dumb everyone else if needed.

Wonderful_Ad_8295

I still don’t get why people pick bitcoin… Every country should have the resource to have their own Stablecoin like USDT.. Instead of relying on volatile options like bitcoin.. Imagine being paid today at 98k and tomorrow it’s $95k !! Bitcoin laid the foundation and now we have better alternatives.

Wonderful_Ad_8295

PayPal is not in every country Secondly, these gaming platforms DONT support all currencies or have servers in all regions, so players often default to the nearest or most popular server — most likely being the US, UK etc.. Players from any part of the world (supported region or not) do not need dollar account setup. They can just shop with USDT or other crypto and get their games, also shopping at platforms like Buysellvouchers which is more like a reseller marketplace helps you get gaming credits for cheap.. So yeah 👍

Bitman321

USDC and USDT can be frozen by the US govt.

Rayl24

USDT is where most of the money laundering are and they will need to launder it before use

tornavec

It's actually true: my clients prefer paying in USDT, but all my business payments go out strictly in USDC and only via the Ethereum blockchain. Good thing my gateway, Cryptomus, converts stablecoins without fees and covers the gas costs

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Post is by: dustyllanos27 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sftm5q/i_was_checking_charts_14_hours_a_day_tried/ I've been trading crypto actively for about 3 years. Mostly swing trades on BTC and ETH, some altcoin momentum plays. My typical day: wake up at 6, check charts, trade London session, try to work my actual job, check charts during lunch, trade NY session, check charts before bed. It was unsustainable — my wife was about to kill me. So when I heard about AI trading agents, I figured it was worth a shot. Worst case, I lose some money and learn something. \*\*What I set up:\*\* I'm testing on 1024EX (closed beta). Described a simple strategy: momentum-based entries on BTC/USDT with a 2% stop-loss and 5% take-profit, only trading during high-volume windows. The agent generated it in maybe 30 seconds. \*\*Week 1 results:\*\* The agent made 6 trades. 4 winners, 2 losers. Net: +3.2% on the allocated capital. Not life-changing but better than I expected for a hands-off approach. The interesting part: one of the "losing" trades was actually good risk management. BTC dumped on some news, the agent triggered the stop-loss early (before my 2% threshold, it decided 1.3% was the right exit). Reading the decision log, it factored in unusual volume patterns. I would have held and taken the full 2% loss. \*\*Week 2:\*\* 4 trades. 2 winners, 1 loser, 1 breakeven. Net: +1.8%. Less exciting but consistent. \*\*The honest downsides:\*\* \- I still check the app 3-4 times a day. Old habits die hard. But at least I'm not making impulsive trades. \- The strategy I described was basic. I haven't tested anything complex yet. No idea how it handles multi-leg setups. \- It missed what I think was an obvious entry on Wednesday. Maybe the volume filter was too strict. I couldn't easily override it. \- Platform is rough around the edges. Loading times, weird UI choices. It's clearly early-stage. \*\*Bottom line:\*\* I'm getting my evenings back. That alone might be worth it. But I'm not putting serious capital in until I have more data. Will update at week 4 if people are interested. \--- *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.*

Purrfect_bu

Just withdraw USDT and buy BTC through DeFi, that's the best rates you can get knowing Kraken and most CEX does the same.

zheirembto

Its volatility makes it impractical for everyday use, though USDT might be a better option.

SubjectAlarming1808

Tbf if you want to buy Bitcoin, just withdraw USDT and buy through defi aggregator leather finance , that way you get 1:1.

Dense-Strawberry8115

Tbf if you want to buy Bitcoin, just withdraw USDT and buy through defi aggregator , that way you get 1:1.

LenaSituations

Buying a wallet with funds frozen by Tether is buying a wallet that's worthless. If OFAC or another agency has frozen USDT, it's because it originates from terrorism, organized crime, or a sanctioned state. Possessing it makes you complicit and ruins your life for USDT that's worthless.

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Post is by: itsme999444 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1senzse/selling_trc20_wallet_account_17m_usdt_inside/ Dear reddit, I came into possession of a trx chain wallet. I would like to sell this account. **Please be aware that this USDT is REAL USDT but it is FROZEN and CANNOT be used other than bragging rights.** USDT is frozen, cannot be used or transferred please take note. *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.*

ReadingTheSign23

Feels like a mix, but merchant onboarding is the real bottleneck right now. People will hold stablecoins if they don’t trust their local currency, that part makes sense. But if you can’t actually spend them without jumping through hoops, they just turn into a temporary parking spot. Regulation matters too, but even in places where it’s kinda gray, people still find ways to hold and trade. Getting everyday businesses to accept stablecoins is harder since they need simple tools, low fees, and zero headaches with accounting or volatility. Until paying with USDT or USDC is as easy as tapping a card, most people will keep cashing out to fiat for daily use.

Dazzling_Oil1500

I have vast experience in mining so I give you answers fro these: * you bought a miner because a calculator said it was profitable *today* * Yes find calculator online there are many and do average of them they have also at asicprofit and also at miningnow and others. Those I rely on . BTW also your hosting provider shall have calculator online with historical data (what oneminers has as well) so you can check and challenge them if your earning are lower. * you have no idea what your actual monthly power cost is * \-- For example Oneminers charges you exact amount of electricity your miner or server consumed based on reading from smart meter. And you can see it at dashboard. If you turn off machine you are not charged . Other hosting providers charges also for turned off miners. As far as I know only they have smart PDUs everywhere so you pay exactly only what consumed. * you’re assuming the coin price won’t drop (or will magically go up) * Bitcoin mining companies can not influence prices of coins but at oneminers they will allow you exchange mined coins to Bitcoins or KASPA or to USDT and USD. Like to exchange directly in the platform and dashboard to USD and withdraw to your bank account. * you don’t really understand what J/TH means, you just picked a machine * At miningnow and asicprofit and oneminers you have all calculation and in specification written efficiency of the machine. However their lowest power cost in the market makes even less efficient servers and miners profitable. * you chose the coin because it’s “hot” right now * check blogs, crypto artcicles and also blogs or simply connect with \[1M\]-oneminers and their sales and support and articles and educational data suggest you to stick with at least half of coins to Bitcoin mining. However who knows. Nobody know the future, also betting to another coin may bring higher revenue. But they will explain you if the coin has potential or it is just meme(sh\*tcoin with absolute no technical future) * you’re expecting ROI in a few months no matter what * \-- Yes your ROI can vary and expect to have 2-5 years in reality. You don't know where will be market and nobody knows. * you haven’t thought about difficulty increasing at all * \-- difficulty increases or we can predict that. But also this might change and culminate to some number. But rather expect increasing * downtime/repairs haven’t even crossed your mind * \-- This is huge issue when machine breaks down in data center you have no way to verify if it is legitimate or not. For example I have experience with WeMine - they simply one day turned off all miners and claimed that they are broken. And were repairing them for 3 months and even asked for paying for it even when it was within warranty. What could I do ? Nothing I even contacted police. you can not do anything . They will cheat you especially in Dubai and Wemine. And the odds that 10 machines breaks down at the same time is close to impossible . That is harsh reality. In background Indian guy was mining for himself and Arabic guys were tolerating it as they had their share. You can not win there. STAY AWAY from WEMINE. BTW they never repaired the machines even after paying they made up stories like it is fault of machines and chips and after their repaired for which they charged money the machines were not working. Stay away from WEMINE!! * at \[1M\] they have 7 years warranty and no fees for repairs!!. No Fees no charges , fast repairs. They always repair within month ALWAYS. IF not they will compensate you Sometimes 2 days sometimes longer. They even give you replacement for new machine if it breaks within first 2 months. What happens quite often in reality -- but they GIVE YOU REPLACEMENT at \[1M\] * you think this is passive income with zero headaches * It is risky but educate yourself and figure out and spread your investment to multiple assets. Mining, crypto, real estate, stocks and mostly to yourself - your education, health and fitness and your family. * you didn’t compare multiple machines, just pulled the trigger * It is not so hard just take the most profitable miners from website on reliable partner. There is free sales consultation with Crypto expert offered by Oneminers * you’d be stressed if profits dipped for a couple months * Yes please invest to crypto only those money you do not need for your survival!! IT can fall to 0 and also climb 5000%. * you’re checking profitability every day like it’s a stock ticker * You can check and you should check at yout hosting provider to check them and audit them. So yes. But once you get confidence and understand how it works and that at \[1M\]-oneminers your earning reflects the posibile market capabilities . Like you are going to have plus minus 98-99% of maximum possible earning possible for your hardware configuration. So yes there are many ways how to go for and especially do not hold your mined or invested crypto in Exchanges. All will bancgroup in finite time and your money will be gone or will be hacked. Look at it that way. Have bitcoin core wallet or onekey is good wallet as well or have hardware wallet (but beware also there, they were some issues lately ). I have many years of experience with multiple platforms so I tried to recommend only those that I am 100% sure and can give guarantee for. And believe me I was tricked and cheated by more than 30 companies already as I am mining for more than 12 years.

TechnologyStreet2298

No, not at all — BTCC is a centralized crypto exchange (CEX), not related to ETFs. I’m referring to a very low-liquidity trading pair that is on the platform (VTCN/USDT). The issue was about abnormal trading activity exploiting a huge spread on that specific pair that made the hackers transfer value out of my account and going into theirs.

coinfeeds-bot

tldr; Bitrue has launched 40 tokenized futures tied to stocks, the NASDAQ-100, and precious metals, including Nvidia, Tesla, Amazon, gold and silver. The products trade 24/7 in USDT pairs with leverage from 50x to 100x, aiming to meet rising demand for real-world asset exposure among crypto traders. Bitrue also added borrowing against tokenized gold and silver, but the instruments do not grant ownership rights and are restricted in some jurisdictions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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Post is by: rudyNO1 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sea2ng/compared_a_few_crosschain_swap_tools_today_the/ Was testing a few cross-chain routes today and decided to actually compare outputs instead of just using whatever shows up first. Tried RocketX Exchange vs Houdini Swap on the same route: **10,000 USDC (Base → OP)** * RocketX: \~9,990 returned * Houdini: \~9,869 returned Didn’t expect that big of a gap honestly. Then checked speed with **USDT → TRX**: * RocketX routed in a few minutes * Other routes I’ve used before can take much longer (sometimes \~30 mins) Also noticed differences in limits — RocketX seems to handle much larger swaps compared to others. Not trying to hype anything, just sharing what I saw while testing. Curious what others here are using for cross-chain swaps lately? *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.*

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Post is by: TechnologyStreet2298 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1se7bvp/btcc_account_drained_via_lowliquidity_spread/ I want to share what happened to me on BTCC, as I think this is something other users should be aware of. Around mid-March, my account was accessed without authorization. The attacker did not withdraw funds directly. Instead, they executed over 100 trades on a very low-liquidity pair (VTCN/USDT), exploiting an extreme spread to transfer value out of my account. As a result, I lost approximately $67,000. This was not normal trading behavior: \- 100+ consecutive trades \- economically irrational execution \- only makes sense as value transfer between accounts Shortly after, BTCC suspended trading on that pair. I immediately contacted support (within hours), and the case was escalated to their legal team. They initially said they would investigate and even mentioned filing a police report. However: \- I have received no meaningful update since March 18 \- multiple follow-ups have been ignored \- no confirmation on whether the counterparty accounts were identified or frozen \- no clarity on whether any funds remain on the platform and how to get it back To be clear: \- the funds were not withdrawn directly \- they were transferred via trading inside the platform \- BTCC has full visibility over all trades and counterparties One aspect that concerns me is that, at the time of the incident, login did not require 2FA, while 2FA was only enforced for withdrawals. This creates a situation where unauthorized access can still lead to significant damage through trading activity. I was also a long-term user with a significant balance on the platform, and I would genuinely like to continue using BTCC. However, both the lack of resolution and the current security setup raise serious concerns. At this point, I am trying to understand whether there is any path to resolution, as the situation remains completely unresolved. If anyone from BTCC is reading this, I would appreciate a proper update. *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.*

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Post is by: TheLazy_Owl and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1se2jr1/no_one_talks_about_hidden_spread_and_i_lowkey/ So I went down a rabbit hole last week because I was tired of feeling like I was hemorrhaging money on every swap without knowing why. We all obsess over gas fees right? Like "$0.21 vs $0.18, I'm a genius." Meanwhile a 1.6% spread just quietly ate $16 on your $1000 swap and you didn't even blink. I ran the same trades across Bungee, 1inch, Houdini, and RocketX and just... wow. Bungee: -1.7% Houdini: -1.0% 1inch: -2.5% RocketX: -0.5% Houdini was the worst experience tbh. Marketed as THE privacy swap. Tried it once for a $42 ETH → USDT swap. Waited 45 minutes. Got less money. Their private cap is $100K. The only thing they made disappear was my money and my patience. 1inch isn't the hero you think it is either. DEX only. No CEX comparison. No privacy. -1.65% on their "best" route. That's not a route, that's a donation. Bungee: Sent 10 USDT, got 9.80 back. Paying fees to receive less of the same token. Bold strategy. What actually got me about RocketX is that you can SEE everything — every route, every fee, spread included. Other platforms are literally designed so you never compare. RocketX just... shows you. DEX + CEX + Bridge liquidity in one engine, MEV-aware routing, no KYC, 200+ chains. its crazy bro Once you start comparing outputs instead of just fees, you can't go back. Anyone else actually sat down and compared swap rates side by side? Feels like most people never do. *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.*

desTROYer74

I can’t post another pic now but the difference between their market sell and market buy price in the order book is < $1. But they are selling at $1300 above CMP. Daylight robbery. Trading in BTC/USDT is no problem, but converting between SGD and USDT has terrible conversion rates too. I just converted SGD7000 to USDT5342. That’s not a good rate. 1.31. The current USD/SGD rate is 1.28

desTROYer74

You have to convert SGD to USDT for that, and they rip you off there too. I did $7000 and worked out to be -$129 less than current USD/SGD price. 1.8%

desTROYer74

Convert? You mean SGD to USDT? I did that with SGD7000 and got USDT5342, but when you look at the current SG/US exchange rate that’s worth about SGD6872, losing $129 on that conversion. That’s 1.8% fee.

desTROYer74

I have an account there from last year, same problem as it’s not approved in Singapore and I can’t directly deposit money there nor KYC down the road if it eventually became compulsory. I previously deposited money into a KYC exchange (independent reserve), converted to USDT (fees fees fees) and then sent it to my wallet that hyperliquid supports. I’m looking at throwing 3k a month into BTC over the next 3.5 years and don’t want to risk it with large sums.

desTROYer74

I did that too. I exchanged SGD7000 to USDT5342 and later realised I lose $129 on that deal based on the current exchange rate! Trading in USDT is good though, but will lose another $129 converting it back to fiat. This isn’t a viable long-term strategy. I’ll probably go back to Moomoo but I really hate their app.

desTROYer74

That mode can’t possibly have a spread fee because all you can do is market buy/sell. They have USDT trading with 0% spread so there’s no reason why it shouldn’t be doing a market buy/sell at 0%. They are basically ripping people off with hidden fees. The preview page says “no fee” but it’s really 1.5% which is insanely high. Not to mention another 1.5% when you sell it again.

desTROYer74

That mode I posted is the simple trade (market). Can’t place a limit order in SGD currency. Have to swap it for USDT (which is costly) and then place a limit order. I converted SGD7000 to USDT and instantly lost $129 based on the US/SG exchange rate. Will lose it again changing it back 😡

desTROYer74

I bought USDT with SGD7000 and got USDT5342, but when you convert that with the current exchange rate it’s only worth SGD6871. Instantly losing $129. I’ll probably lose the same amount converting back to fiat 😡

desTROYer74

They have a proper exchange page for usdt and the spread is only around $30, close to 0%. I tried that too but they screw me on the SGD to USDT conversion. Trading on usdt is very low fees but converting back and forth is losing a lot of money.

desTROYer74

I know what a spread is, but there’s no way they have a 1.5% spread lol. If I convert SGD to USDT and use the exchange mode, the spread is close to 0%. They screw me on the SGD to USDT conversion, but once it’s there the trading fees are low. I don’t want to be giving them 1% of my money each time I convert it back and forth.

No-Masterpiece2246

The EU fell into the trap when they enacted MICA stablecoin regulations that ensure no Euro-backed stablecoin will never be a serious contender on the global markets. Tether is about to do a huge deal and pump USDT supply again.

No-Masterpiece2246

Which is... what stablecoins were made for! USDT: Originally created to pump BTC price by printing "dollars" out of thin air. USDC: Goldman Sachs founder got USG permission to print money when no one else could

tornavec

Doesn't anyone remember the standoff between the Nigerian authorities and the Binance exchange? The use of USDT undermines the local naira. But on an international level, Nigerians actively use stablecoins through crypto payment gateways. I know this because I have clients there. When I started working with them, they already had an account even before I had one at Cryptomus

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.

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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.