Which one is the best stable coin?

[FanEagle]

USDC and USDT are quite stable coins, as many of you said here before. But to me, stability is not totally positive characteristic of cryptocurrency. I would rather look for cryptocurrecies which are still developing. Risk is part of this business. I prefer cryptocurrencies like FuturoCoin which is quite cheap but it is rapidly developing nowadays.

Stability of a coin really matters a lot too, because only a stable coin will be very good to hold as store of value, that is why gold is still very reliable for use as store of value, now that we have a digital asset system that can serve as store of value, which is even one of the core value of Bitcoin, and until we have stability of a coin before it can be useful for that purpose.

Most of those coins that are still developing are just good for investment purpose alone and cannot be reliable for payment or holding for store of value because of their volatility that will make the investor scared of putting money in them for savings purpose.

[puremage111]

USDC and USDT are quite stable coins, as many of you said here before. But to me, stability is not totally positive characteristic of cryptocurrency. I would rather look for cryptocurrecies which are still developing. Risk is part of this business. I prefer cryptocurrencies like FuturoCoin which is quite cheap but it is rapidly developing nowadays.

Stability of a coin really matters a lot too, because only a stable coin will be very good to hold as store of value, that is why gold is still very reliable for use as store of value, now that we have a digital asset system that can serve as store of value, which is even one of the core value of Bitcoin, and until we have stability of a coin before it can be useful for that purpose.

Most of those coins that are still developing are just good for investment purpose alone and cannot be reliable for payment or holding for store of value because of their volatility that will make the investor scared of putting money in them for savings purpose.

Exactly somehow stability is crucial if we were to hedge or preserve value of investment portfolios
I mean we don't want something just drop too fast and wipe off some of our portfolio value
So yeah its good to have stablecoin imo

[playboy654]

BCH is one of the really good stablecoin to invest because in the regular intervals the development and stability is more stronger every time so investing on stable currency is always good for your future.

[SlimShadyMmp]

PAX been ER20 is more easier to carry about or more easily transferable so i personally prefer that than most others Plus there is no need for separate wallet or anything With Exchanges these days I think having some of your funds with you is actually safer

[HichemFetoui]

in my humble opinion, i think makerdao's stable coin is the best because it dosen't have a single point of failure a truly decentralized stable coin what most people need's good luck :^)

[Kelvinid]

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/

Mate, never look into stable coins cause we never have it but maybe we look those potential coins as the profit are in there.
We are so thankful that we have market fluctuation cause that's the only way we could generate profit rather than to have a stable prices.
Cause with this trend, we be able to buy coins at cheap price and earn profit when prices goes up. It is just simple and so I've never looking for stable coins rather than to choice unstable coins.

[mrdeposit]

For most traders usdt seems to be more useful. The 24 hour volume says plenty of things. But, on the other hand, there is a big mass that thinks usdt is a scam and does not believe it. IMO investigate GUSD.

[yesim.cicekligil89]

According to best-selling author Simon Sinek, the most successful organizations, innovators and movements always start with why. In his now-famous 2009 Ted Talk, “How Great Leaders Inspire Action”, Sinek analyzed the impetus behind Apple, the Wright brothers and Martin Luther King Jr., concluding that these outliers achieved greatness because they were driven by a higher purpose.

Transcending the pursuit of profit, Sinek argues that the most successful enterprises, innovators and leaders have a clear mission that inspires action and adoption. When applied to the stablecoin market, Sinek’s paradigm reveals that few operators offer a vision beyond the basic function of price balancing. Anchor token is a new cryptocurrency introducing a truly stable peg of value for the first time on the global crypto-market. Anchor is modeled as a two-token systemconsisting of the Anchor token, the system’s currency and payment token, and the Dock Token, the systems utility token that is used to insure system stability.
Anchor token is addressing one of the biggest issues in the global economy – how to preserve monetary value over time, stabilize the value of any given currency, lower its volatility and prevent devaluation.
Anchor token aims to solve the problem of transparency, liquidity, guarantee and trust on a global scale and thus tackle these burning issues directly, with the introduction of stability facilitated by the purchase of sovereign debt as the backing for the two-token system.
Additionally, Anchor token goes a step further than other cryptos, and proposes a solution for the systemic issue of instability in the financial markets in general. We have devised an innovative and universal monetary value measurement standard, in the form of a proprietary mathematical algorithm – the Monetary Measurement Unit (MMU).

[HELLOFF]

For most traders usdt seems to be more useful. The 24 hour volume says plenty of things. But, on the other hand, there is a big mass that thinks usdt is a scam and does not believe it. IMO investigate GUSD.

At least USDT is one of those stable coins, which has enabled many users of cryptocurrency to avoid big losses in the last year's fall in the cryptocurrency market.  Those who managed to convert a cryptocurrency to USDT before the prices fell completely, could save certain positions on the cryptocurrency market.

[shadowdio]

Well I usually use USDT for trading some altcoins, it is the best stable coin for me, no need to look a new stable coins because USDT is enough.

[Markperop]

Well I usually use USDT for trading some altcoins, it is the best stable coin for me, no need to look a new stable coins because USDT is enough.

if the cryptocurrency market reaches its maximum, then there will be no need for stable coins.  After all, precisely because of the instability of the cryptocurrency market, users are interested in stable coins.

[AngellSky]

Well I usually use USDT for trading some altcoins, it is the best stable coin for me, no need to look a new stable coins because USDT is enough.

if the cryptocurrency market reaches its maximum, then there will be no need for stable coins.  After all, precisely because of the instability of the cryptocurrency market, users are interested in stable coins.

If you paid your attention to the stock market or to the stock market, you probably turned your attention to the fact that any commodity has its price and under certain conditions it changes its indicators.  Thus, price fluctuations always happen a, no matter what level of the market today is reached. 

[Distinctin]

Well I usually use USDT for trading some altcoins, it is the best stable coin for me, no need to look a new stable coins because USDT is enough.

if the cryptocurrency market reaches its maximum, then there will be no need for stable coins.  After all, precisely because of the instability of the cryptocurrency market, users are interested in stable coins.

Do think that you will be profitable with those stable coins? Cause I don't think so. We live into market volatility and we make more money because of its instability rate, making this sense will be better to look into those coins rather than of seeking stable coins which we can't actually be found.
We can't the market design and it always be unstable forever.

[tabas]

Do think that you will be profitable with those stable coins? Cause I don't think so.

Yes, Stable coins won't be that profitable unless you have millions of it and you can measure the move with even few cents of gains. Most of the company backed up stable coins would be the most favorite coins, IMO.

[kissubaby]

USDC, TUSD and DAI
but still USDT has the most volume

[frankcun]

We know that cryptocurrency prices vary wildly throughout the day and it poses a challenge to do business with it. Let’s look at two scenarios to make the point clear.

Say you own an eatery and you accept cryptocurrencies as payment. Now you have received crypto from one of your customers, and say he gave you 1 litecoin, which at the time was valued at $53.46. The next day you check and the value of a litecoin now is $47, so the value of the coin has depreciated the very next day and now you are facing loss.Anchor is designed to preserve purchasing power and steadily enhance monetary value over time.

Anchor token is a stable financial ecosystem comprised of a stablecoin cryptocurrency and a non-flationary, algorithmic index. The index is based on the sustainable, upward trend of global economic growth measuring real world value using financial indicators such as the GDP of more than 190 countries, FX indicators of a basket of 16 currencies, and premium sovereign bond yields.

Anchor’s tokenomics ecosystem is designed to be intrinsically stable with its algorithmic index called the Monetary Measurement Unit (MMU) and a safety-net of six stabilizing mechanisms, which includes a two-token, burn-mint model to ensure stability regardless of market recession, volatility, inflation, and other dynamic economic scenarios.

[kralburak1]

In order to ensure the proper functioning of the Anchor system at the time of and in the months following the market release, Presale purchases will be conducted in Dock Tokens, which will be redeemed for Anchor Tokens 1-for-1 after the waiting period. The reasons for this are the following:
1) Anchor token wants to ensure the stability of the system by gradually releasing, Anchor Tokens onto the market during the waiting period; and
2) Anchor token wants to reward the Presale investors, since these Dock Token purchases double the investor’s share when the Anchor Token airdrop happens.
One of the goals for the Anchor token system is for it to be governed by entities that will ensure its long-term growth and sustainability, represented by 20 Validator slots which will be allocated only to highly reputable entities (e.g. financial institutions, auditors, banks, insurance companies, universities, investment funds, etc.), while the 21st slot is reserved for the Anchor Company.

[rachman mahesa]

I have Vote for USDT. for some reason I am happy with USDT compared to other stable coins. Actually I don't have many assets in USDT, mostly in altcoin. Maybe some of the other stable coins are not much different in price. But USDT is mostly used by the crypto community.

[Fedrey]

The fact is that stable coins must always be supported and insured by something.  In any case, if we consider them in terms of the equivalent of certain fiat currency, then such coins as USDT really have great potential.  But I would also draw attention to the cryptocurrency, which is the equivalent of the euro, because recently there are claims that the cryptocurrency is somewhat reminiscent of the euro and officials of the European Union are talking about it.

[bitcon]

BCH is one of the really good stablecoin to invest because in the regular intervals the development and stability is more stronger every time so investing on stable currency is always good for your future.

Bitcoin cash is not a stable coin. Tether is the best one I think, although these currencies are needed only for the group of people, for instance, those guys that come from the countries where inflation affects their life.