Which one is the best stable coin?

[PHI1618]

Hi friends.
I have few information about stable coins. I want your help in this respect.
Which is the best stable coin in terms of transparency, infrastructure and reliability?
If you informed us it would be great who knew about stable coins.



I added coins to poll from here;
https://coincodex.com/stablecoins/

[Emperor of Man]

I personally prefer a stablecoin which is a transparent ERC20 token, so PAX is my best choice. TUSD is fine too I believe.

Volume-wise they can not be compared to tether, but not much FUD about them, so, I chose PAX and TUSD.

[alisafidel58]

I believe that the best table coin right now would be USDT and TUSD. Judging from CMC USDT is on number 8 and TUSD is at 37. It means that the circulation of these stable coin is quite big in the market.

[Ailmand]

I would go for pax and Ustd. Pax coin for me has a good potential as it is based on Btc construction. It uses the proven scrypt coding way in Ltc and some altcoins. While Ustd is good for those who are looking for a stable coin. There are lots of people who are trusting theter coin they consider it as a central bank of cryptocurrency.

[angel55]

They all at some point can collapse like a house of cards, so my advice is to keep everywhere p just a little bit to not be hurt and annoyed when any stablecoin collapse

I totally agree and anytime I use these stable coins I make sure to cash out quickly.  The worst one in my book is Tether, there is so many rumors that they just continue to print money without having enough in their banks to back it up.

[sockpuppet1911]

USDT. Basically anything with enough liquidity works for me as i don't use them for a long as a store of value.

[Muzika]

You dont need to do a poll regarding the stability of those coins in options, in your own you research you can see the answers, you can go to coinmarketcap or any good exchange and search for those coins history of volume or volume per week, months or days.

[HellDiverUK]

USDT and USDC  more universal stable coin, most in every big exchange have those pair again bitcoin or altcoin.. when dump happen all those coin increase a little...

[edmundduke]

I would have to go with the tried and trusted USDT. While they all look scammy they provide a real way of moving capital for trading. These pegged tokens have provided a lot of volume and have been quite popular for securing fiat for shorter periods of time. They can also be used to make money at times of huge pumps as they tend to fluctuate aswell.

[batang_bitcoin]

Tether would still be the highest in terms of liquidity.

For a trusted company backed stable coin, that would be USDC.

[ukloon]

USDT is the most widely used even though there was some controversy around it some time ago. The Gemini version will probably be the best as it has been fully audited whereas the others are slightly questionable.

[lusheck]

Project https://pyyro.com similar to a social network, with daily current crypto news. Evaluate the project.

[Adriano2010]

Well most of people use USDT, but i don't think one coin is best and another aren't, but maybe also USDC is backed as most of people say is backed by real money.

[consideritdone]

DAI can be verified https://www.coingecko.com/en/coins/dai

[muratsink]

USDT is a good stable coin, I read that USDT has many mysteries, one of which is about the USDT CEO who is considered the CEO of Bitfinex.
even though USDT is a stable coin, but in 2018 it has experienced a decline because of Noble Bank which has formed a partnership with Bitfinex and Tether to break away and controversial issues with USDT. besides that, some stable coins backed by gold are also good. like the new stable coin Jinbi tokens.

[duyduc256]

In my opinion, it will go for USDT. We can easily analysis the coin. Price is so stable that we can't see such kind of stable for others coin. TUSD and PAX also in the list. Both of the coins are near stable.

A lot of safe options when you need to keep profits for you. I think USDT is still the best choice because the trading volume of the coin is always very high and almost all exchanges are accepting it. In my opinion, USDT has a very important role in this market because it is considered the most valuable Fiat and used by people to help them secure their profits. In addition, TUSD or USDC is also a popular choice recently and it uses ETH platform so the transaction fee will be much cheaper.

[Erickan]

I believe that the best table coin right now would be USDT and TUSD. Judging from CMC USDT is on number 8 and TUSD is at 37. It means that the circulation of these stable coin is quite big in the market.

TUSD has an audit with transparent and clear data, proven to be $ 1 / 1TUSD. This is stablecoin that many people store and use. In contrast to TUSD, USDT is very lacking in transparency, this is not a good choice for us to store and use.

[edisystem]

USDT obviously lol. The price always stable at $1, i don't think there is any cryptocurrency that have a stable price beside USDT/Tether.

No cryptocurrency have a stable price, the price always changed every second every minutes. so the answer is no, there is no stable coin.

[Falgorn]

If we are talking about the stability of coins, and not about their reliability, then the coins you specify should be all relatively stable in nature. While these coins justify the name of stable coins. Stable coins greatly facilitate our work with cryptocurrency and in the cryptocurrency world are very useful. The most common in use, in my opinion, are USDT and TUSD. There are rumors about them that they are not backed by cash, but these rumors have not yet been confirmed.

[HELLOFF]

If we are talking about the stability of coins, and not about their reliability, then the coins you specify should be all relatively stable in nature. While these coins justify the name of stable coins. Stable coins greatly facilitate our work with cryptocurrency and in the cryptocurrency world are very useful. The most common in use, in my opinion, are USDT and TUSD. There are rumors about them that they are not backed by cash, but these rumors have not yet been confirmed.

I think that you need to trust less such rumors, because the real relevance of these coins is displayed on the CMC.  one has only to look at the capitalization of these coins and at the price fluctuations and immediately one can determine that these coins are really reliable and therefore are in demand.