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Title: Altcoin Cryptocurrency Equivalent to USD Most Stable Post by: designbuyers on April 30, 2021, 12:13:30 AM I found the Cryptocurrency Equivalent to USD Most Stable,
Most stable: Tether ($USDT) USD Coin ($USDC) mStable USD ($MUSD) Binance USD ($BUSD) TerraUSD ($UST) HUSD($HUSD) Other that not more stable: Dai ($DAI) Paxos Standard ($PAX) Reserve tokens ($RSV) Gemini Dollar ($GUSD) TrueUSD ($TUSD) What do you think? and how you can find the most stable coin? Title: Re: Altcoin Cryptocurrency Equivalent to USD Most Stable Post by: Charles-Tim on April 30, 2021, 12:22:48 AM What do you think? and how you can find the most stable coin? No coin is stable, they are only pegged with fiat, and fiat are not stable but controlled by central authority which are the governments, the central bank specifically. Title: Re: Altcoin Cryptocurrency Equivalent to USD Most Stable Post by: designbuyers on April 30, 2021, 12:44:21 AM What do you think? and how you can find the most stable coin? No coin is stable, they are only pegged with fiat, and fiat is not stable but controlled by a central authority which are the governments, the central bank specifically. Yes, I understand, but for some time I've been watching it and found most stable or at least pegged with fiat. Title: Re: Altcoin Cryptocurrency Equivalent to USD Most Stable Post by: wajik-tempe on April 30, 2021, 01:13:43 AM I found the Cryptocurrency Equivalent to USD Most Stable, Most stable: Tether ($USDT) USD Coin ($USDC) mStable USD ($MUSD) Binance USD ($BUSD) TerraUSD ($UST) HUSD($HUSD) Other that not more stable: Dai ($DAI) Paxos Standard ($PAX) Reserve tokens ($RSV) Gemini Dollar ($GUSD) TrueUSD ($TUSD) What do you think? and how you can find the most stable coin? I think they're all the same because those follows USD mostly. But i prefer coins with "USD" on it's abbreviation more like stable for me because it must follow the price of the fiat. Maybe some of them will only have slight different in terms of price Title: Re: Altcoin Cryptocurrency Equivalent to USD Most Stable Post by: OcTradism on April 30, 2021, 02:24:45 AM The opinion to call a cryptocurrency is pegged by USD is stable as a stable coin is not correct.
Its value or stability depends on the value of USD. If USD has accident for any reason, USD-pegged stable coins will not be stable. Furthermore, I think USD is better than stable coin, for long term. Tether USD can be collapsed, shut down but the US government and USD won't. The convenience from USDT or other USD-pegged coins is they give your fast and easy method to move your fund. With stable coins, you have double risks: risk for value of USD, and risk for government actions. Title: Re: Altcoin Cryptocurrency Equivalent to USD Most Stable Post by: Little Mouse on April 30, 2021, 03:17:19 AM With stable coins, you have double risks: risk for value of USD, and risk for government actions. Title: Re: Altcoin Cryptocurrency Equivalent to USD Most Stable Post by: designbuyers on May 06, 2021, 10:06:32 PM I found the Cryptocurrency Equivalent to USD Most Stable, Most stable: Tether ($USDT) USD Coin ($USDC) mStable USD ($MUSD) Binance USD ($BUSD) TerraUSD ($UST) HUSD($HUSD) Other that not more stable: Dai ($DAI) Paxos Standard ($PAX) Reserve tokens ($RSV) Gemini Dollar ($GUSD) TrueUSD ($TUSD) What do you think? and how you can find the most stable coin? I think they're all the same because those follow USD mostly. But I prefer coins with "USD" on their abbreviation more like a stable for me because it must follow the price of the fiat. Maybe some of them will only have slight differences in terms of price Usually to do this to park in the exchanger if you used to exchange and want a break, and want to exchange to the more stable coin if you do not plan to do more trades at this time, I thought it will be good to do if plan to take a break, so I was researching coins that are the stable and same value of 1 USD each coin. With stable coins, you have double risks: risk for the value of USD, and risk for government actions. I do not know who is behind the stable coins. Title: Re: Altcoin Cryptocurrency Equivalent to USD Most Stable Post by: kevindjunaidi on May 06, 2021, 10:23:54 PM I found the Cryptocurrency Equivalent to USD Most Stable, Most stable: Tether ($USDT) USD Coin ($USDC) mStable USD ($MUSD) Binance USD ($BUSD) TerraUSD ($UST) HUSD($HUSD) Other that not more stable: Dai ($DAI) Paxos Standard ($PAX) Reserve tokens ($RSV) Gemini Dollar ($GUSD) TrueUSD ($TUSD) What do you think? and how you can find the most stable coin? currently there are too many stable coin, but I still use USDT and BUSD, then I think USDT and BUSD are stable coin that are very safe to use at this time, so I don't need to look for any stable coin anymore, because USDT and BUSD have a high volume and are very popular for now, so that makes it easier for me to use USDT and BUSD for now (buy or sell). |