Battle of the stablecoins

[gregall]

Lots of talk lately about stablecoins. What's your favorite?? IMO I hate Tether and I'm a big fan of havven. Would love to see what everyone else is into

[1714950811]

1714950811

[Dewao]

Battle of the stable coins?
I think is the one of the most and very well performing in many days is havven, yes I  like havven and I think this coin will be good in the future.

[inthelongrun]

The most stable coin? Tether should be the most stable of course although there were some controversies behind it. I am surprised that this is the first time I heard the other choices. What about bitcoin and the other top coins? Or did I missed something here? 

[skylar]

Honestly Im not big fan of stable coin, for me it is just like tool for saving ours cryptocurrency asset from the volatiles chart. Just use & try some of it, but finally Im comfort with my favorite USDT.  

[annicketucufaw]

Most stable coin will be tether, nothing follows. It will always be based on a us dollar. USDT will be the best among others, you can see it market share, top 15 in one of the best coin. Market cap of $2.29B, if more USDT were released it means that it will also have a higher market cap. Stats don't lie, you can check it here www.coinmarketcap.com.

[yugyug]

Stablecoin give us a high confidence in putting up our money their and forget about worries like FUD and FOMO. Volatility is less expected and can be be manage easily and one the the trusted stable coin is Tether coin, it is time-tested and have huge supporter but the only problem is it is like a semi-centralized coin but who care as long as the investment security is legitimate despite all the the issues had faced with that team.

[rjefferson]

Havven is the best because of these reasons:
-decentralized
-trustless
-NOT pegged to fiat or gold
-fast

They even released their audit, eth-backed nomins on mainnet, and next week their ecommerce store will be live where you use eUSD to buy stuff. I think this is a great use case for a stablecoin. Love the team and how proactive they are 


Great read about all of these: https://www.forbes.com/sites/shermanlee/2018/03/12/explaining-stable-coins-the-holy-grail-of-crytpocurrency/#54fa537a4fc6

[ManaMan]

To be honest there's not such battle being between "stablecoins" because simply as their name suggest they should be stable and thus it doesn't matter which one you use, except that other people will want to accept one or another.

You haven't listed all of them, might see to add these:
[stable coins from bitshares] - bitUSD, bitCNY, bitEUR
NuBits

[CrypticGambit]

I prefer tether, it has been with us for years. There is a lot of fud but only usdt has enough liqudiity to be stable. A lot of the exchanges have trusted tether, for example binance. Do you really think that the biggest and the fastest exchange in the world would list tether if it was not legit?

[ManaMan]

I prefer tether, it has been with us for years. There is a lot of fud but only usdt has enough liqudiity to be stable. A lot of the exchanges have trusted tether, for example binance. Do you really think that the biggest and the fastest exchange in the world would list tether if it was not legit?

Nobody said that  tether is not legit. Questionable is do they really have that amount of USD pegged as they say they have. Of course that tether is here for a long time now and that many exchanges implement it. It has somewhat become the standard if you want to have fiat pairs and don't want to go through the hassle of regulation etc. easiest thing is to add tether as many people know what is it.

[eternalgloom]

I'm looking forward to seeing how basecoin will develop in the near future, I've been seeing a lot of articles about it in mainstream media.
They've also got some really impressive backers, so I'm very interested in seeing them achieve their full potential.

Btw, it's called Basis now, basecoin was the old name.

Just some examples of the articles I'm talking about:
https://techcrunch.com/2018/04/18/basis-a-year-old-startup-thats-building-a-price-stable-cryptocurrency-just-raised-133-million-from-top-investors/
http://fortune.com/2018/04/20/bitcoin-cryptocurrency-stablecoin-basis/

[sorrysteve1]

There's no problem with Tether whatsoever as long as it's proven to be legitimate and that the reserves they claim to have are actually in their possession. A lot of the other stable coins seem a bit overkill in their mechanisms. In fact anyway the name stable coin is incorrect because everything has a price. The dollar for example is not stable.

[jhanson]

havven is the best one out of the whole group. bought some off of kucoin

everyone read this article explaining each stablecoin: https://www.forbes.com/sites/shermanlee/2018/03/12/explaining-stable-coins-the-holy-grail-of-crytpocurrency/#6a8f1054fc64

[Encelad]

I am very worried about the teaser. They create money from the air, creating more and more new coins. But no one knows if the team has real money or is just a bubble. In my opinion, this creates additional risks.

[sorrysteve1]

I am very worried about the teaser. They create money from the air, creating more and more new coins. But no one knows if the team has real money or is just a bubble. In my opinion, this creates additional risks.

If they have the funds that they claim to have then they are not creating money from the air. They have that money and that's how they can issue more tether. No one really know's the situation but claiming one way or another that they have the funds is nothing more than speculation.

[singlecrytpo]

havven without a doubt. the rest are either too centralized or lack transparency/speed.

[rmilly]

I'm personally a big fan of havven. their team, communication, initiatives, and goals are all great. The project itself makes the most sense in comparison to the alternatives.

[muncuss]

Even if tether has controversy but tether is most used in market and major exchanges. last bear season i saw when all coin down but only tether in green

[Tulen1990]

why are there SO MANY PEOPLE going for Tether?! They're a SCAM 

Out of all of them, I would say makerdao and havven are my favorite but it looks like havven is much faster/easier to understand. they even launched an ecommerce store where you can use their stablecoin to buy stuff: https://blog.havven.io/the-havven-estore-is-live-1f6545a3f635

lots more use cases with havven if you look into the CEO too

[ccryptopark]

glad to see havven is clearly a favorite haha.