I read a few weeks ago that stablecoins are spreading around and exchanges are embracing them. In the long term, having multiple stable coins could save us, at least one could sleep better at night knowing that the market won't crash in a matter of seconds because these coins are not controlled by one entity and manipulation won't do much to the price.
Also, I was never a fun of Bitfinex and Tether.io, they never look transparent for me so I'm currently looking for an alternative, which is the best alternative stable coin right now? preferably being traded in multiple exchanges as well where there is no KYC needed.
I think TUSD is the best alternative to stablecoin. It is highly appreciated by investors and it is completely different from USDT. It has become safer and investors are not afraid of being scammed. You can use TUSD to replace USDT.