Which stablecoin is the most reliable?

[Wysi]

do you mean down to 0.85 from usd? it's a very big decrease, I have never seen a tether decrease above 2%, if you don't believe in a tether you can try on usdc, pax, but yes I think tether is the most widely used and trusted, please if you have other assumptions.

Yes, most of the people prefer the USDT coin, even though we have seen many negative rumours about the tether previously, but it has managed to secure its position in the market. Many people are choosing tether for holding their profits in the market.

Tether is mainly used to convert our profit from trading as we cannot store our funds I mean profit in ETH, BTC or any other altcoin due to the fear of fluctuations hence USDT is used as it's one of the first of it's own which does not fluctuates and I would say we don't need to pay heed to those rumors about negative news as it's baseless.

[rocku12345]

I don`t like original Tether (do not confuse with Tron or ERC20 one). It has so high withdrawal fee on several top exchanges, that`s why my choice is PAX.
Sure it is not so popular and stable as Tether yet, but support of the biggest online wallet site Blockchain info gives me the belief that it may become one of the best stablecoins in the crypto market.

[bonyaserg]

Personally, I can say the following. Since all coins can bring a very good profit. And a coin like USDT always looks convincing. And I think that you can invest in this coin and get a good profit. And I also want to say that investment is also a risk. Since the market is changing rapidly and everything can change in the opposite direction.

[Kersh768]

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?)

I do think that there is no such thing as a stable coin. All of the market value of cryptos are volatile in nature which implies that their market value moves from time to time. With the market downfall at this moment, it is no longer surprising to know that coins from new projects would fall upon being listed. This simply makes earning profit from investing, not that much profitable. Daily trading is the way to earn profit despite of the market situation.

[hushpupppy]

Frankly, i believe all stable coins are real, there back up is just the difference,
usdt, tether, usdc and even binance usd stable coin are backed up by finance capitals or fiat. if you have read about gold stable coin; it is backed up by real gold in bullion vault.

It depends on what you want.

Just dyor and remember to stay in profit not loss.

[Outtatime]

Surely it has to be USDC being backed by Coinbase, it's the one I trust most anyway.

[whtchocla7e]

Have you heard of Digital Gold? This is a stablecoins currency that is applied according to the physical gold price. Value of each Gold (ERC20) = 1 gram of Gold. Each GOLD token is 100% backed by physical gold stored in secure vault. Amount of physical gold stored can be verified at any time.

[tenakha]

Surely it has to be USDC being backed by Coinbase, it's the one I trust most anyway.

Today it is possible to find dozens of coins in the stablecoin market. They all say it is backed up with the USD, but we do not really know whether that is true. Even Binance has recently created his own stablecoin. I do not know, but I suggest everyone be careful. I have used them few times so far and I do not recommend them to anyone. When the time comes, one of them will explode, so I hope you will not be there.

[tiang_tower]

Surely it has to be USDC being backed by Coinbase, it's the one I trust most anyway.

Personally, I prefer USDT because USDT is supported more by the market, while USDC is not as much market support as USDT, so USDT appears more on the market than USDC, although basically these two coins are equally good and very profitable if we hold it.

[GideonGono]

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.

No, hell no. IMHO BCH is complete shit and definitely not a stablecoin.

I am looking for a real stablecoin which I could buy for specific amount and after 2 years take the same amount back.

Cryptocurrency has a volality of price where every coin has changes and it is how the trading works. There are some stable coin that you buy but not in the market. Some coin have coinmarketcap where there have price that you can assume if it is low or high.

[chanc3r]

Have you heard of Digital Gold? This is a stablecoins currency that is applied according to the physical gold price. Value of each Gold (ERC20) = 1 gram of Gold. Each GOLD token is 100% backed by physical gold stored in secure vault. Amount of physical gold stored can be verified at any time.

I have heard about that and for me personally there is no transparency about how much gold is reserved to backed all of the total token that already distributed in the market. But we are talking about stable coin right now and it looks like it's not about digital gold but stable coins like USDT, TUSD or something else.
A coin that is fully transparent with a reserved amount can be called a reliable coin. Gemini dollar is the most reliable coin

[cryptoangel]

Surely it has to be USDC being backed by Coinbase, it's the one I trust most anyway.

Personally, I prefer USDT because USDT is supported more by the market, while USDC is not as much market support as USDT, so USDT appears more on the market than USDC, although basically these two coins are equally good and very profitable if we hold it.

I think USD is a currency it can exchange anywhere in this world so once USDT also globalised we can exchange easily and BTC also globalised soon, nowadays most of the peoples are using Bitcoin because of profitable investment, But USDT is not a profitable investment and is because it is a stablecoin. Those are like to invest USDT is a secure platform and few more stable coins are available in the market.

[uray]

Surely it has to be USDC being backed by Coinbase, it's the one I trust most anyway.

It is better than the rest of the stable coins in the market, never used that till now as the market was on a downfall but i will be using this when the market rallies again and since it is a coins supported by coinbase who is a reputable company and they issues reports on the holdings every month but that cannot be said about the rest of the stable coins.

[SolarWindMiningCompany]

In my opinion, all stablecoins are reliable (therefore they are stablecoins ).
Personally, I like USDT, TUSD and PAX more.

USDC too. I am more fond of USDC although whales prefer USDT because of is huge volume. Basically these four aforementioned above are most reliable for me and I always use them in exchanges plus they are built on Ethereum blockchain which make it more convenient too

[crossabdd]

I think nothing, if you search as you think. especially in crypto. even USDT, USDC, PAX, etc. are unstable. it still has a difference, even though it is small. and keep moving following the price of bitcoin. You can't make your money full from what you put in and out on a stable coin. it still decreases. they say this coin is stable. yes this is indeed stable because the fluctuations are not like bitcoin and altcoin .. basically you can't find crypto that is really stable

[sujonali1819]

You can find out the most reliable stable coin according to their market cap. So which stable coin has a big market cap that means that is the most reliable coin IMO. Here is some stable coin and their market cap according to https://coinmarketcap.com on 29.10.19

1. Tether USDT                         $4,116,948,481

2. USD Coin USD Coin (USDC)   $472,958,897 USD

3. Paxos Standard (PAX)            $260,218,312 USD

4. TrueUSD (TUSD)                   $180,749,382 USD

5. Dai (DAI)                              $89,252,171 USD

6. USDK (USDK)                       $27,900,098 USD

7. Binance USD (BUSD)              $21,340,817 USD

8. Gemini Dollar (GUSD              $7,915,479 USD

9. USDQ (USDQ)                        $5,471,711 USD

10. StableUSD (USDS)                 $3,601,028 USD

These are the top 10 Stable coins according to their market cap. So There is no hesitation to say that USDT is the best reliable stable coin. It's my personal opinion. So tt is my personal opinion, and may not be anyone else's

[miklesm]

Tether (USDT) is currently the most widely used stablecoin in the world, but it is quite risky to use it because of FUD news. In my opinion, the most reliable stablecoins are USDC and PAX.

[jorenpo]

USDT tether is the most reliable for me. most of the exchange if not all us it as of now. the only flaw of this coin is you don't know whats backing up this coin or it is just created on bubbles.

[agentx44]

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?)

It is very rare to find a stable coin these days but if you've seen USDT as stable, you should stick on it and do not be stumbled by seeing it fall down a bit. Just by simply looking at their market cap and by posted by some, Tether USDT is at the top. It can already be seen as a sign that it is the most recommended stablecoin as of now. Just always be mindful and always monitor the changes occuring at the coin to know if you should stay or not anymore.

[Kezacky]

as we already know that stable coins cannot move significantly upward, I mean the price of every stable coin only moves at a fixed price. so if you are interested in stable coins you can invest in USDT or USDC. they are stable coins and many users use them for investment.