Which one is best and safest STABLE coin?

[mbakruroh]

Hi Friends,

as you are aware there are several stable coins such as USDT, USDC, BUSD, DAI  and so on.   Among them, I know that Tether-USDT can be frozen. Source: https://www.dcforecasts.com/tether-news/tether-is-now-able-to-freeze-and-destroy-your-usdt-coins-report/

In my opinion there is really no difference between bank and USDT if they can freeze coins. So, I am just wondering, if you have any preferred stable coins which is safe and can't be frozen etc.

I wish to convert some of the coins to stable coins for next bull run.  So, your suggestions will be very much appreciated  

Maybe Pax Dollar is one of the stable coins, but they are not listed on many exchanges. The main blockchain sources are Ethereum and BSC. Whereas Tether is located on various blockchains, so your reach to hold it is easier compared to other stable coins. Can all of that be frozen, of course yes. Because they are suing not blockchain, but the crypto provider company. Apart from Bitcoin, all crypto is under the company's service. Only Bitcoin is anonymous, and cannot be contested. When it comes to crypto, only Bitcoin is safer from intervention, while other crypto is not safe, ownership is clear. Reducing and increasing the amount of crypto proves that crypto is not safe, or can still be fully controlled.

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[iv4n]

For a secure stablecoin we use of course usdt although a lot of negative news about usdt but until now we can still rely on it as a stablecoin, although usdt can be frozen but this is not a big problem for now, usdt is very good to make transactions and we can always rely on, but to choose another stablecoin DAI is one that we can use because the coin is decentralized and for now there is no problem that in the face of the stablecoin.

I guess DAI is the only decentralized stable coin, correct me if I am wrong!

I use BUSD mostly, easy and cheap for moving around, good for my gambling activities! Also good for staking and farming at Binance... two advantages! OP should consider staking BUSD while he waits for the next bull run! Nice way for generating more profit!

[kotajikikox]

Hi Friends,

as you are aware there are several stable coins such as USDT, USDC, BUSD, DAI  and so on.   Among them, I know that Tether-USDT can be frozen. Source: https://www.dcforecasts.com/tether-news/tether-is-now-able-to-freeze-and-destroy-your-usdt-coins-report/

In my opinion there is really no difference between bank and USDT if they can freeze coins. So, I am just wondering, if you have any preferred stable coins which is safe and can't be frozen etc.

I wish to convert some of the coins to stable coins for next bull run.  So, your suggestions will be very much appreciated 

I keep using USDT(Tether) until now , whenever i wanted to convert my funds from regular crypto to Stable coin USDT is my place for years now it has been safe. so yes i will recommend tether for you to keep safe your funds .
Just make sure that you know when to re enter and when to withdraw.

[AmoreJaz]

For a secure stablecoin we use of course usdt although a lot of negative news about usdt but until now we can still rely on it as a stablecoin, although usdt can be frozen but this is not a big problem for now, usdt is very good to make transactions and we can always rely on, but to choose another stablecoin DAI is one that we can use because the coin is decentralized and for now there is no problem that in the face of the stablecoin.

I guess DAI is the only decentralized stable coin, correct me if I am wrong!

I use BUSD mostly, easy and cheap for moving around, good for my gambling activities! Also good for staking and farming at Binance... two advantages! OP should consider staking BUSD while he waits for the next bull run! Nice way for generating more profit!

this is the advantage of using BUSD as it is backed by binance. and if anything goes wrong, you will be covered by their SAFU.  in terms of USDT, i am not really confident with this stable coin holding long term as i started to doubt when they admitted couple of years ago about their financial backing - their stablecoin is not fully backed by their USD assets. so how sure are we that they are now fully backed? remember their circulating supply is about 74B, which means, they should have that corresponding amount of USD assets. aside from the fact that they can freeze your account.
you can also opt for DAI, as it is decentralised. but is there really the best and safest here? maybe, it depends also how you keep those coins to safety and keep up with their updates.

[martina14]

Hi Friends,

as you are aware there are several stable coins such as USDT, USDC, BUSD, DAI  and so on.   Among them, I know that Tether-USDT can be frozen. Source: https://www.dcforecasts.com/tether-news/tether-is-now-able-to-freeze-and-destroy-your-usdt-coins-report/

In my opinion there is really no difference between bank and USDT if they can freeze coins. So, I am just wondering, if you have any preferred stable coins which is safe and can't be frozen etc.

I wish to convert some of the coins to stable coins for next bull run.  So, your suggestions will be very much appreciated 

For me, Busd and USDT, maybe because I've been using it for a couple of years now, and so far so good my experienced.
And even up to now even every time I made a trading activity most often do this thing actually. And I think even USDC is also
a good one as stable.

[menoiazei]

Hi Friends,

as you are aware there are several stable coins such as USDT, USDC, BUSD, DAI  and so on.   Among them, I know that Tether-USDT can be frozen. Source: https://www.dcforecasts.com/tether-news/tether-is-now-able-to-freeze-and-destroy-your-usdt-coins-report/

In my opinion there is really no difference between bank and USDT if they can freeze coins. So, I am just wondering, if you have any preferred stable coins which is safe and can't be frozen etc.

I wish to convert some of the coins to stable coins for next bull run.  So, your suggestions will be very much appreciated 

 Haven protocol XHV is secure stable asset option that cannot be frozen

https://havenprotocol.org

[otreza]

I believe that all Stable Coins are the same in their essence, you need to diversify and keep in a few. As practice shows nothing bad happens to them, you need to focus on safe storage in the first place.

[19Nov16]

I've been using stable coins for almost 3 years and I think the best is Tether, high accuracy even when the market drops or rises significantly, besides Tether I also use BUSD to store assets in the BSC network and for the others I have not tried.

[Jose Mourinho]

In my experience, USDT is a very safe stablecoin, because I have been using it since 2018, and I didn't find any problems at all, even though a lot of negative news has developed during this time but until now USDT is still holding on, and the growth is very promising. , so far we have found a lot of stablecoins in a crypto, but I don't dare speculate with them because I have never tried to invest and use them.

[KaliLinux]

Hi Friends,

as you are aware there are several stable coins such as USDT, USDC, BUSD, DAI  and so on.   Among them, I know that Tether-USDT can be frozen. Source: https://www.dcforecasts.com/tether-news/tether-is-now-able-to-freeze-and-destroy-your-usdt-coins-report/

In my opinion there is really no difference between bank and USDT if they can freeze coins. So, I am just wondering, if you have any preferred stable coins which is safe and can't be frozen etc.

I wish to convert some of the coins to stable coins for next bull run.  So, your suggestions will be very much appreciated 

For me, it depends on what is available on the exchange that I am using at the time and since I am using Binance more, I just trade to BUSD or my local Fiat since that too is available on Binance. This means I don't have anyone preferred stablecoin since I believe that the entire crypto trading itself is risky and I try to move to personal wallets instead of exchange wallets.  

[riskarcher]

I've been using USDT for 2 years without any problems. The analogy is that each stable coin has the same purpose, only differentiating the platform provided. Stable coins are just intermediary coins for us to buy other coins on different exchanges depending on the policies of the country. all just need how we control the storage safely

[Blowon]

So far USDT coins are very secure, the alternative is USDT on other networks such as USDT(Tron), USDC(SOL), BUSD(BSC). The purpose of USDT is to freeze assets usually to avoid unwanted things like money laundering or illegal transactions. The problem of USDT is the netted ethereum which is very expensive every transaction. I usually use BUSD to get cheap transaction fees.

[wemakereview]

Hi Friends,

as you are aware there are several stable coins such as USDT, USDC, BUSD, DAI  and so on.   Among them, I know that Tether-USDT can be frozen. Source: https://www.dcforecasts.com/tether-news/tether-is-now-able-to-freeze-and-destroy-your-usdt-coins-report/

In my opinion there is really no difference between bank and USDT if they can freeze coins. So, I am just wondering, if you have any preferred stable coins which is safe and can't be frozen etc.

I wish to convert some of the coins to stable coins for next bull run.  So, your suggestions will be very much appreciated 

I think DAI is a good choice. It is a really decentralized coin! Notice that. However, you can still rely on USDT, there is no proven reason against it yet.

[Zanab247]

Many investors are still confused to be able to identify the best and safest stable coin in the market. DAI is still remain the best coin to invest in this season of profits making. Since I started investing on DAI coin, it hard me to feel unhappy with my investments no matter what has happen  to the market that is making other customers not to be happy, I will not be among those customers . Now that the end of the year is approaching many investors will be rushing DAI coin to invest because they know it very well that it hard to fail during this month of November.
USDT coin is also a good coin but DAI is still the best stable and safest coin in the market right now, because many marketers has just confirmed that coin as the best in the community. It is well stable and reliable in terms of long term investment.

[coco23]

One should have an eye on the possible future regulation of stablecoins and their issuing parties. USDT is already under investigation and I would avoid holding large amounts of it from now on. But also other stablecoins could move into the focus. Never forget that all funds can be frozen or become worthless in the worst case!

[Mamun74]

I Think, USDT coin is good and safest in market right now.But some times it depends on exchange what is available.Also BUSD coin is good and safest.For me,I'm Using many times in USDT.i don't any problem Using both stable coin.i usually use USDT and BUSD coz transaction fee are too cheap.

[mdzahed134]

Hello everyone, personally, I think that it makes no sense to keep coins such as USDT or USDC, since it is better to immediately exchange these coins for others such as Ethereum or Bitcoin, or there are a number of other promising coins. As investments in a promising coin such as Bitcoin or Ethereum or Binance can bring excellent returns.

Who guys will invest stable coin for long term hold? I don’t think anyone will do that. There are many reasons we need to keep stable coins most of the time it’s for short term when we see bear market and need to keep stable your money or to reduce your loss. Definitely i agree with you BTC,ETH and BNB is most promising coin to big return in long term.