Which stablecoin is the most reliable?

[Kevin77]

NONE. Stable coins are not something that represents the real currency at all, they say they are pegged to real price but that is only viable as long as people make it out to be, if people decide that it actually doesn't worth that much than the stablecoin will fall, there is technically nothing stopping those coins to fall to 1 cent each because even the owners and creators of those coins do not have 1 to 1 backing and as long as the price keeps dropping off and no more people buying it than they could potentially fuel that to a point and will have to stop because of lack of funds and than it will go to zero.

Stablecoins are all a scam, they are literally a way to raise capital and put it in a bank for the creators, they take your money and call it 1 to 1 dollar backed and make profits from it.

[tytanhamon04]

Hello,

I have never really used stablecoins so far, my question simple:

Which stablecoin is the real stablecoin and can be trusted? USDT always seemed like an option but they had that issue when the price suddenly dropped down to 0.85, which makes me trust them less.

Is there a stablecoin to which you can put your funds and be sure that you will get back what you put? (I know it cannot be 100% guarantee, but which according to your opinion is the best?)

If you are interested in stability and security, I advise you to use the exchange, which has a pair to the usual dollar. I, for example, do this, but in most cases I invest in various coins and tokens.

[Jolly_Trader]

I don't know which stable coin is which out there but stable coins that are actually regulated by the government are the ones that is reliable, you should avoid stable coins that are dodgy like tether where $750M is missing and they refuse to do any audit prior before the loss was announce.

Despite everything that happened to Tether, all the rumors and guesses about Tether, I consider it the most reliable.
USDT is the father of stablecoins, it's integrated by many representatives of the cryptocurrency ecosystem
Other companies/projects simply decided to take advantage of the precarious position of Tether. So now there is such a variety of stablecoins, but they pursue the same goals.

[H0USE]

in my opinion the best is usdc, for the reason he already has a lot of exchange and also the fee is very low because it is still in ethereum network and also the decrease is not too severe like tether.

i believe there are no stable coin in this crypto market because the amount of token are too many but only very few has a high value, these low cryptos can easily be manipulated by whales, unless we invest in top altcoins, it is still safer than other cryptos, none of any crypto is stable when this crypto is too small when compared to the world market.

[AgentZero23]

Still usdt is still reliable knowing the issue with Bitfinex. I will still convert some of coins in usdt as it is available in almost all exchanges. But, I'm looking to get interested in DAI and USDC as my next stable coins.

[bonker]

In my opinion, a reliable coin is BCH. because BCH prices are very stable on the crypto market. even the increase in BCH prices continues to rise so rapidly.

I agree with you the bch will definitely been impressive for everyone in Crypto market and their stability with the development will always important for a stable coin and it doing this now.

[Ucy]

Is there a stablecoin to which you can put your funds and be sure that you will get back what you put? (I know it cannot be 100% guarantee, but which according to your opinion is the best?)

The most reliable ones in my opinion are those that can't be easily censored, taken down nor manipulated. Most Centralized stable are easy to use but they lack this important features


To be honest with you, I could leave my funds on decentralized stablecoin built on a reliable Blockchain like Bitcoin for many years without fear of losing it

[bitcoin-shark]

there is no 100% security I liked tether but given the recent bad news I would say that my new favorite stable and trueusd, even the future rockz promises well...

[MostafaGamal]

I think there is no stable currency. All currencies are subject to change at any moment because of news or events, so it is always preferable to use dollar currencies or FIAT

[BlackFor3st]

I am not that fan with stablecoin as I am a fan with crypto currencies and almost all the crypto currencies price will go down easily and vice versa.

Cosidering USDT a stable coin is not a good idea because it's price is not that stable but if you are really looking for a stable coin then only fiat is a very good option for you as of now. I cannot assure you that you can find a better stablecoin in the crypto currencies as what I have observe so far.

[Oceat]

I am not that fan with stablecoin as I am a fan with crypto currencies and almost all the crypto currencies price will go down easily and vice versa.

Cosidering USDT a stable coin is not a good idea because it's price is not that stable but if you are really looking for a stable coin then only fiat is a very good option for you as of now. I cannot assure you that you can find a better stablecoin in the crypto currencies as what I have observe so far.

Fiat vs crypto? I would rather choose crypto since the price would radically change in time than fiat which is a stable one and it doesn't get you much in the future if you have a low capital to invest it. People should not be looking for a stable coin since it is not a good idea to invest it in the long run, they should find way more volatile. Although one of the best examples is investing in Bitcoin.

[zidanw]

I think there is no stable currency. All currencies are subject to change at any moment because of news or events, so it is always preferable to use dollar currencies or FIAT

yes indeed there is no stable coin, but surely a coin will experience that stability. it could be that stability lasts a long time, yes this is the world of cryptocurrency sometimes difficult to predict. but now many coins are starting to see its stability.

[mrdeposit]

IMO stable coins that are fully backed up with USD are safer. USDT is also the most widely used stable currency, but in the last days made wrong second time. To me, GUSD should be tried.

[Chrystora123]

I've checked all the cryptocurrency price monitoring sites and what I see are the most reliable coins that can be relied on are GUSD (Gemini Dollar), DAI, and Paxos Standard (PAX) price changes that are not too big since it first appeared which became a reason, please check it yourself 

[swetka]

I've checked all the cryptocurrency price monitoring sites and what I see are the most reliable coins that can be relied on are GUSD (Gemini Dollar), DAI, and Paxos Standard (PAX) price changes that are not too big since it first appeared which became a reason, please check it yourself 

Of course, there are a lot of stable coins in the cryptocurrency market, but not all users of cryptocurrencies have the same relationship to all these coins.  I believe that all the same, and USDT or trueUSD are the most popular, because this is what the capitalization of these coins says.

[Toraynt]

I always use USDT because I like it very much and it always helps when it is necessary to fix profit in dollars for a while. Moreover, it is very popular and is available on almost every exchange 

[Kiweikoo]

I trust coinbase's USDC stablecoin. In my opinion, this is the best and most reliable stablecoin in the market, which has sufficient volumes and is supported by one of the best platforms in the cryptocurrency market. As an alternative, I would have looked to Gemini Dollar.

But you have to be much confident in making your decisions productive because whether you are investing these coins or not you must follow the right ways. The Bitcoin currently is the most preferred coin for investment as we can judge it by its price movement. As asked here Bitcoin is not stable coin but you will find the most productivity here as you have the opportunity to afford at low prices.

[emmybd]

There are quite a few stable altcoins that you can rely on such as Ethereum, Neo, Cardano, Ripple and Litecoin, if you invest in those there is high possibility that you would get profits in the long run. By the way, don't panic when the price drops of a good coins, it would recover again and would be profitable.

[sunno330]

Hello,

I have never really used stablecoins so far, my question simple:

Which stablecoin is the real stablecoin and can be trusted? USDT always seemed like an option but they had that issue when the price suddenly dropped down to 0.85, which makes me trust them less.

Is there a stablecoin to which you can put your funds and be sure that you will get back what you put? (I know it cannot be 100% guarantee, but which according to your opinion is the best?)

USDT still $1, without USDT any other coin is not stable as I think. You can choose it if you want to use for buy other altcoin.
Altcoin will be good near after 2019. So try best research and get some.

[tsaroz]

Hello,

I have never really used stablecoins so far, my question simple:

Which stablecoin is the real stablecoin and can be trusted? USDT always seemed like an option but they had that issue when the price suddenly dropped down to 0.85, which makes me trust them less.

Is there a stablecoin to which you can put your funds and be sure that you will get back what you put? (I know it cannot be 100% guarantee, but which according to your opinion is the best?)

Every stable coins that has a fiat backup (insurance) and that fact being independently verified would make it safe to trust.
Bitfinex's tether had some controversies in the past but they had overcome most of it and are still the most popular fiat based currency to use.
Paxos standard is another good token issued by a reputable company and could be trusted.