What is the most trusted stable coin currently (in your opinion)?

[gunhell16]

   According to my experience of trading on exchanges, I always see that USDT and BUSD are included in most exchanges or almost all of them.

This is where we can see that this duo can be said to be stable in the crypto industry. This two are almost the same, but even so, I can't say

anything bad about these two, they are both really good in my opinion because I also often use the usdt every time I have something to do. I

transaction to withdraw money from the exchange site platform via P2P.

[john1010]

I know this question has been answered many times before.

However, I want the current market outlook.

Frist:Stablecoins are cryptocurrencies the value of which is pagged, or tied, to that of USD.

I made this post to discuss together which stable coin is the best stable coin in your opinion ?

The current biggest stable coins are:

1- Tether: USD

2- USD Coin: USDC

3- Binance USD: BUSD

4- Dai: Dai

5- True USD: TUSD

These are the biggest by marketcap .

After a research I saw that a lot of negative comments are about USDT.
However, USDC and BUSD seems the most trusted .

What do you think?

Thank you.

For me, it is USDT and BUSD because this 2 stable coin has a good market cap, and there's a lot of traders use these 2 stable coin, BUSD is high stable because we all know that this coin is a carrier coin of Binance, the other are good but I don't think using it is a good idea, because you can never earn profit by holding it unless you use it in buying and selling your favorite alts.

[NNRR]

What do you think?

Of the tokens you named, USDT seems the best to me. Because USDT is most trusted, there are almost all exchanges and if someone tells me after USDT, I will tell them about BUSD because BUSD is a project of BSC Blockchain. I think these two stable coins are the best

[coinerer]

BUSD is a stablecoin that is compared to the US dollar with a ratio of 1:1. The BUSD stablecoin has gone through extensive audit process and is working on multiple blockchains. It basically offers fast transactions with low fees. This currency can be transferred quickly from anywhere at any time. Currently BUSD demand as a stable coin has increased significantly.

[albon]

USDC and BUSD are the safest stablecoins for me because they are backed by huge exchange platforms like Coinbase and Binance so I have no doubts worry about them. I prefer stablecoins backed by fiat money because they have a high safety rate for each trader and investor. As for the stablecoins backed by the algorithm system, they are high risk because there are no guarantees that support their system, Stablecoins have many advantages in saving our money from market volatility, but if the stablecoins I mentioned collapsed, this could lead to much greater damage in the crypto space.

[fvb]

Already knew how to answer this question. When read the posts of other people, I was convinced that everyone thinks the same way and the answer is obvious. Undoubtedly it is USDC and BUSD. The most in my humble opinion good coins. I can't say anything bad about USDT as I use it all the time. Everyone uses these coins because they are in trading pairs on any exchanges.