USDT

samuscoped

USDT/USDC/BTC/ETH = yes

Rocko210

In USDT, yes.

jclaslie

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

Mattie_Kadlec

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.

davidthealien

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?

gmgarcia24

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

Ninam1101

**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

re7ab990

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

Femchirp

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

alihuda1992

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

Hidden5G

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.

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tornavec

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

escapegoat2000

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

BunnyKomac

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.

arctic_bull

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.

thinkingperson

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. 😶

VoxImperii

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.

milnivek

https://www.binance.com/en/trade/USDC_USDT?type=spot Look at the orderbook liquidity at 0.9999 and 1.0000

Street_Outside_7228

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?

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ForVictori

This gold is meant to back their other crypto token XAUT, not their USDT.

Lonely-Internet-7565

If not USDT then nothing because of Tether gets fucked, then whole market is done for

Spoofik

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.

Spoofik

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)

BraskSpain

That is why they want to end USDT

Ubique008

People have been waiting for a USDT crash since genesis

SSAeternitatis

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.

thinkingperson

Every now and then, there are questions about USDC or USDT. This week we have USDT at the podium.

FlashOfFawn

It’s more like they create a tokenized dollar, then people exchange their USD for USDT and then Tether purchases T bills.

coinfeeds-bot

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.

OrdinaryReasonable63

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: ??

coinfeeds-bot

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.

StatisticalMan

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.

_Commando_

USDT, USDC are following the same fractional reserve banking practices as banks... so banks are now salty?...

StatisticalMan

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.

coinfeeds-bot

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.

Hidden5G

Unfortunately for USDT their avoidance doesn’t help their overall image, which has given them the rating they have with Bluechip.

Frustrated_Bettor

It's 100% legit. They have reserves that support all USDT. They are the reason the stable market even exists.

J-96788-EU

Market cap of USDT is going up almost all the time since 2016.

Hidden5G

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.

Artistic_Mango4576

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

TechnologyMinute2714

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.

Crypto4Canadians

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.

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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.*

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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.*

Kamalmhassan

So on binance there are hundreds of people of P2P that buy and sell USDT. So you go exchange it with fiat

user_name_checks_out

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?

Kamalmhassan

It will always be USDT and I will use it to buy any currency I want

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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.*

Mohammad_Noruzi

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.

Silasurf

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

coinfeeds-bot

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.

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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.*

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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.*

fivebillionproud

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.

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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.*

Electrical_Main_4253

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.

dreamingfighter

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

JsCole424

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.

lamensterms

USDT is green on the weekly

slasherzx

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.

Selmemasts

That’s not the point. Replace the gold with $48b in USDT or stocks or bonds or whatever makes you understand the point

OKCPCREPAIR

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.

pop-1988

> 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

Bashyyyy

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.

002_timmy

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.

002_timmy

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

Proper-Plantain9387

# 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.

AutoModerator

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.*

qzuc

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.

AutoModerator

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.*

coinfeeds-bot

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.

Hidden5G

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.

Hidden5G

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.

Hidden5G

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.

kyuronite

100% a scam. Coinbase doesnt support USDT, they push users to use USDC as USDC is what coinbase makes the $ on.

floppypretense

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.

didnt_hodl

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

Emergency-Coffee8174

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…..

SirLostit

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.

Strange_Agent489

Purchasing USDT from Binance through IMPS and regularly convert them in BTC

kostya8

>crypto doesn't really solve any real problem the world has >I still don't see any real advancements in useability or need for it Interesting. I work remotely, and have been getting paid in USDT for over 3 years. During the first year, while I was awaiting my political asylum status in my new country, I couldn't even get a local bank account. So without crypto I'd have no way to rent an apartment, buy food, travel, etc. No way to survive, basically. Does this qualify as a "real problem" in your mind?

YogurtCloset3335

Nice cherry-picked stats, useless. Look at a chart of USDT market cap, priced in BTC. Use moving averages like anyone who's not retarded. Number go up.

arBettor

"Here in the real world we can correlate the BTC price almost directly with USDT supply curve" No you can't. 1/21/25 - 4/7/25: BTC -28%; USDT Mkt cap +4% 4/7/25 - 10/6/25: BTC +63%; USDT Mkt cap +23% 10/6/25 - 11/21/25: BTC -32%; USDT Mkt cap +4% Negatively correlated, then positively correlated, then negatively correlated. There is no meaningful correlation. "It's telling that your argument is that USDT **supply** has no effect on BTC price." Please point out where I argued that. I'm just poking holes (easily) in your arguments. You thought MSTR was an ETF, you don't know what you're talking about. Go back into hibernation.

Live-Distribution995

I personally sold half of my portfolio because I think it will continue to fall, and my fiat currency is too limited to allow for dca all the time. Even though I had my losses, with the USDT recovering, I will buy back when it's lower.

YogurtCloset3335

OK Tether bot It's telling that your argument is that USDT **supply** has no effect on BTC price. Even in your hypothetical world where Tether is 100% backed and **not** rigging the market with massive wash trades, it's almost axiomatic that an increase in USDT supply would increase BTC price. Here in the real world we can correlate the BTC price almost directly with USDT supply curve but I guess that's "conspiracy FUD" to your bot's coding too?

baIIern

People are using USDT to trade the USD-BTC-pair, so what? It makes total sense

YogurtCloset3335

Tell me you don't know that 98% of BTC trading volume is for USDT without telling me you don't know that 98% of BTC trading volume is for USDT

arBettor

"Most traders know that USDT wash trading has kept BTC price up for years. " Even if you had a survey of traders to substantiate this claim, that doesn't mean anything. Do traders have some special information that the rest of us don't have access to? Tether FUD gets trotted out periodically yet it remains completely theoretical and IMO is completely false. Yet you present it as fact here. First mistake. "ETFs other than MSTR are holding their prices." Huh? Are you talking about bitcoin ETFs? They're gotten crushed alongside the bitcoin price, exactly as expected and as designed. Also MSTR is not an ETF. You're grasping at straws here and making no sense.

jawni

>At the same time my understanding seems like TRX really benefits from transferring stable coins like USDT which a lot of people in developed countries don’t understand the market for that. Yup, it's the most prominent chain for using USDT for payments. It has a decent amount of activity in general, but when it comes to using crypto IRL, Tron is generally the chain facilitating that. 20 comments in the thread and you still basically got the answer on your own. lol this sub sucks. https://liamhorne.com/stablecoins

Sandharbor

I could be wrong. But because of Justin Sun and the centralized nature of this coin it strikes me as originally controversial centralized coin like XRP, which people are holding onto still against TRX but not XRP. At the same time my understanding seems like TRX really benefits from transferring stable coins like USDT which a lot of people in developed countries don’t understand the market for that. 

arj511

If you were out of the market a few weeks ago and have 10,000 USDT to spare rn, how would you go about this? Wait till Q4 2026? Or start DCA now 

subcide

As someone who's been holding USDT for over a year while I sorted out my crypto taxes, I'm excitedly waiting. You can't time the market, but sometimes you can mess up your tax situation badly enough that it forces you into a stable position, hehe.

panthera_N

i had 25% BTC, 75% USDT 1 week ago, stupid decision took a lot of money when converting to 100% BTC 😭

panthera_N

i just restructured my portfolio, 65% BTC, 35% USDT, morale has improved (you can laugh at me if this is the bottom and it pumps up from here)

UpbeatFix7299

Yeah, Tether manipulates the fuck out of the market by issuing unbacked USDT. I assume that's what you meant.

Familiar_Television1

Get a job and take a year off school just to work full time. Just save that money, don’t invest it. You need as much cash as possible and risking it is not worth it. Sell some of your crypto. Like sell 50% of HBAR, PEPE, LINK, and SOL. Leave your ETH but sell half of the others. Wait until everything drops 30-60% more and buy back the SAME amount of coins that you sold. For example, you had 100 SOL and sold 50. You buy back your 50 at a cheaper price and have some USDT left. Put those USDT in your savings account. The good news is that you’re not on margin. You won’t get liquidated, the coins are YOURS. The bad news is that everything dropped and you will need the money. The good news is that you need that money in 2 years (take a gap year for work!). The bad news is you will NEED that money. The good news is CS is a very profitable major. You could recover your loss completely after just a few months of work so in 5 years you will forget you ever fucked up with crypto. You won’t even feel it and won’t think of it every day. Try to get good grades, maybe you can earn some awards or a scholarsip. Work as much as possible. And save your money. Don’t spend as much. Cook your own meals if you need. You will make it. Just stay focused on what matters which is your grades, finding a job, and your health/life.

RonenskyTrader

Hello everyone, My name is Ronensky, I’m a young trader living in Haiti, and I am committed to learning trading (Forex & Crypto) with discipline. I am seeking financial support to: Pay for professional trading education Fund my broker account to start trading responsibly My goal is to raise $3,000–$5,000 USD via crypto, such as: USDT/TRC20, ETH, BNB, SOL. Any contribution, even a small amount, will make a huge difference in my future as a trader. Thank you very much for your time and support. Crypto Addresses: USDT/TRC20:TKCtMiZPEoDJzQtEhxsJCyoFtZk2rw8JRc USDT ERC20:0xdabf28624c371b366d883788e1bf567d207c7417 USDT BEP20 (BSC):0xdabf28624c371b366d883788e1bf567d207c7417 ETH ERC20:0xdabf28624c371b366d883788e1bf567d207c7417 ETH BEP20(BCS):0xdabf28624c371b366d883788e1bf567d207c7417 BTC TRC20:TKCtMiZPEoDJzQtEhxsJCyoFtZk2rw8JRc BNB BEP20(BSC):0xdabf28624c371b366d883788e1bf567d207c7417 I will use every contribution with discipline and solely for education and starting trading.

Just_Marzipan_7001

Welcome to the rabbit hole! You have two different needs. For the untraceable transactions, you should research specific privacy coins like Monero or Zcash. For the holding value/experimenting part, you need a stablecoin like USDC or USDT. That lets you experiment with wallets and purchases without the massive volatility of BTC. When you're ready to start, avoiding operational mistakes means prioritizing platform security and simple access. I use BYDFi. They offer over 1000 spot assets for learning the markets and use cold storage for security. Best of all, they support NOKYC access, which makes the initial setup super fast and low commitment.