How to store 1 Million $ to Stable coin

[7788bitcoin]

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In answering the OP question, I think in this situation it will be best to diversify this amount and invest in a few coins.

The OP is asking for a solution to hold his valuation in a stable currency because it is evident that he is planning to book his profit and once he does that he may or may not invest in the projects unless the market settles down and till that time and the OP is asking which coin we be safer to hold his valuation.

If you are planning to hold for the short term then there is nothing wrong in storing them in USDT and follow the market and i usually store my USDT in the Tron network because the ETH chain has insane transaction fees.

[JeWay]

That's a brilliant idea but one shouldn't put all his/her eggs in one basket also OP may have a tangible reason to want to convert all the money into stable coin and my pick is DAI stable coin, it's decentralized and that makes it more reliable

If only to rely on stablecoins, then the choices are endless now, firstly the OP can look at USDT, USDC and BUSD which all of them already have quite a number of pairs with several potentially well-known Altcoins in the crypto space, so it doesn't have to be just DAI