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What impact has it on USDT that it got delisted?

bountymounty

bountymounty

Mentor Group Lifetime
Feb 12, 2017
634
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#1
They got delisted in coinbase which course a fall from 141 billion dollar to 137 billion dollar, also it may have scratched on their reputation at some point and some volume will never come back!

What's your thoughts about the situation with USDT ?
 
#2
USDT is the real slim shady scam, the shittiest coin of all, a honeypot for 3-letters agencies thanks to the cartoonish characters behind it. Eventually, when the useful idiots become useless, the gov will pull the plug. Until then, it will remain alive.
It has already been discussed at length before here, in also in connection to FTX, Ukraine, The Bahamas, Inspector Gadget etc.
 
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#4
I am in crypto since 10years+ I never used Coinbase.. You have alternative for it. Kraken for example still using USDT (and staking/gain too) EVEN if you gave to them a EU address..
 
#7
Everyone here talks s**t about USDT but tether is de facto medium of exchange if you want to deal with OCT/P2P crypto to cash, especially on the Telegram groups. And now because of EUSSR regulations, throughout this year Shitcoin.club ATMs will need KYC to cashout crypto to cash for every transaction, so that's a wrap unfortunately.
 
#8
ChadMuska said:
Everyone here talks s**t about USDT but tether is de facto medium of exchange if you want to deal with OCT/P2P crypto to cash
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when it comes specifically to transactional utility USD (or fiat in general) is defective because it's not instantly settled and one needs a permission to use his own money (ehm... debt-based virtual credit)
USDT is a very successful product (with very simple business model) that solves these imperfections... BUT as nothing is for free the users pay with significant counter party risk and it can easily shutdown any time leaving people with nothing whatsoever

there is not much more to say about it
 
#10
run said:
USDT is run by Rothschilds.
In EU if i'm correct its not allowed officially since 01.01.2025 .
I didn't kept updated much since i hold no USDT
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wrong by all means.

It's going to be interesting to see how it will go with USDT in the very near future if they get delisted everywhere. The fact that they give information to authorities makes it useless.
 
#14
run said:
its run by rothschilds front people same as elon musk.
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Lol
run said:
They also used the rothschilds bank for usdt
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Which bank?
run said:
USDT is run by Rothschilds.
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I think you should stop reading Dr. Anastasia Maria Loupis on X or your favourite 1488 creator on TikTok and do something more productive.
run said:
I dont know if this happened or not as like i said before i don't care as i dont have usdt anyways
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It happened. It's an e-money token without an EU license.

As always, the EU is protecting the consumers, don't worry everyone stupi#21
 
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#16
JackAlabama said:
if usdt is run by rothschilds, then shouldnt it be the national currency of the eu? ;)
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why am i getting these kind of dumb questions.Seriously if you have no clue about USDT and which bank resources it used and its using maybe simply don't post this kind of post.
No it would be not national currency because the CBDC's will be directly from central banks and will have way more totalitarian features.

USDT is only a source of income and the harbinger of CBDC's .

It really is amazing how you guys call yourself the alternative having no clue about the backgrounds at all
 
#18
diatessaron said:
It's better than USDC
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I don't agree, I think USDC is better and is probably only going to get better in the next 4 years.

I don't like Tether's approach with their blacklist function, they relay on hundreds of "trusted" people in the crypto space who will just report some activity based on chain-analysis (which doesn't work by the way) and freeze your funds.

Don't get me wrong, both are absolute dog poo¤%&& but if I had to hold one for 1 year or more, it would be USDC.
 
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#19
rss said:
Don't get me wrong, both are absolute dog poo¤%&& but if I had to hold one for 1 year or more, it would be USDC.
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USDC too can be frozen. Zero advantages over USDT from this angle. However, it’s way more likely that USDC remains alive longer than USDT, so it can be said to be safer.
In any case, there is no reason why someone should hold a stablecoin for a period longer than 1 month, and only for the amount planned to be spent.
 
#20
rss said:
I don't agree, I think USDC is better and is probably only going to get better in the next 4 years.

I don't like Tether's approach with their blacklist function, they relay on hundreds of "trusted" people in the crypto space who will just report some activity based on chain-analysis (which doesn't work by the way) and freeze your funds.

Don't get me wrong, both are absolute dog poo¤%&& but if I had to hold one for 1 year or more, it would be USDC.
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Tether only freezes funds when asked to do so by a law enforcement agency so I don't know where the "trust people" list is coming from.

Circle does the same with USDC so there isn't much difference there. But I only care about what costs less, protecting one or another is not a position I'd fight for.
 
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