Which stablecoin is the most reliable?

[libert19]

I have only used DAI and when i sell it i get rate of 98c-$1. That's stable enough for me.

It's collateralized by Ether.

[Pattart]

In fact, I have not used any stable coins so far. Nor have I invested in it so far. And I do not see any benefit in investing in stablecoin as they are usually constant in price. Their price neither increases nor decreases. I think, they are there for those who want to store their money in stablecoin and use to purchase other coins wherever they want. So it does not work for me at least at this time of period.

Few altcoins that have prices around $1 have stable prices such as USDT or Stellar, but certainly not every time their market experiences stable prices, because market conditions sometimes change.
but I want to ask, what do you expect from the stablecoin market? safely? oh dude, if you want to find safely investment then crypto is not the place, the price of each coin will definitely fluctuate sometimes

[mu_enrico]

I prefer USD Coin (USDC) than Tether because of its governance. IMO Coinbase is more trustable than Bitfinex since it compliance with US regulations. You can exchange 1 USDC to 1 USD in Coinbase.

[khiholangkang]

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?)

this is the world of cryptocurrency, whatever stable a coin can certainly go down, if you want your money to be stable you have to convert it to fiat

[Viceroy]

Before when I was trading I always used USDT and I never had any problems. There will always be a risk in using stable coins, but using USDT reduces this risk.

[Alpinat]

USDT is the most stable because it is on the government and I guess there will be no problem in using that also the risk will be lessened. Binance coin also for me this year it is stable and doesn't going down easily because it had a big support from the binance exchange.

[wedosgibas]

I have always used Tether (USDT) so far, and it's not so bad, prices can change appreciably, maybe because it is main pair in a variety of large markets.

[joshy23]

Before when I was trading I always used USDT and I never had any problems. There will always be a risk in using stable coins, but using USDT reduces this risk.

The risk is more lesser when you are dealing with day trade as you can keep monitoring the value and your assets itself, there's a risk as we are still
in an industry where assurance can't be assume right away, we are seeing volatility and even stable coin is not free from suffering if a huge dumped
happen inside the exchange.

[LbtalkL]

Even USDT has some bad rumors about it but still, it has the highest volume it terms in stablecoins it used on almost all top exchanges, I might also consider USDC it has quite some reputation because it is fully backed by the US dollar and developed by the CENTRE consortium.

You can find other stablecoins here: https://cryptoslate.com/cryptos/stablecoin/

[BlueStackz]

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?)

Well tether would have really been the best bet, as when it comes to leveraging, they serve that purpose right and even changing your other cryptos temporarily to them, but for now, I really don’t know what is going on with tether with these FUD news about them, I guess they have not been so transparent as much as we all thought, since they are being accused of over printing.

I don’t really know any other USDT, but you can still check the coinmarket to see which one is still above the other, then you can probably go for that, but always check updated from time to time, as there are so many factors that could contribute to their not being stable.

[rachman mahesa]

For Stablecoin, I still believe it might be USDT and USDC. The two Stablecoin that I still hold in trust are stable. If indeed it decreases, of course, the value will not decrease. Because when I move my assets to USDT or USDC, of course the value doesn't change much. Therefore I still believe that USDT and USDC are the trustworthy Stablecoin now.

[guoyu78]

if you want stablecoin for investment just pick ethereum or bitcoin, because ethereum and bitcoin have establish position and make it low risk to investment

Ha bro, when did ethereum and bitcoin become stable coins with all these volatility that they have, and moreover, they are not designed to be stable cons yet since they are not being controlled and not equal to stable assets.

I guess you have to study more on what stable coins are, but for the record, and according to Forbes definition, “A “stable coin” is a cryptocurrency pegged to another stable asset, like gold or the U.S. dollar”, they are the ones you usually see people refer to as USDT, USDC and many more. Tether is an example of stable coin and their value doesn’t usually fluctuate that much because they are meant to be pegged to stable assets.

[jackflag]

I have some time in this market.  And I want to tell you that there is no reliable and stable cryptocurrency on the market.  This is all very relative.  Today this coin can be reliable and tomorrow is gone.

[babicena14]

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.

[lyks15]

I have no plan to invest in stablecoin. Because it is more risky rather than bitcoin and other coin. And on the other hand I dont have enough knowledge to manage that coin unlike bitcoin that easy to handle. But I read some arucle that USDC is a good coin and right now I am continue to have a research about that coin. And I find people who already to use it before I invest on it to have some advised.

[sctunter]

never had experience except from USDT and USDC
for me Tether or USDT is better here , although there was many issue about Tether being scam and another bad news but the price now look stable.

[other_side]

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 only recently dropped to about 95 compared to other stablecoins. And the important advantage of USDT is that it is the most widely used stablecoin with large volume. So it has a much higher liquidity than the rest of the stablecoin.

[hrunya102]

I think it is best to buy 2 or 3 different stable coins, no one can be trusted 100%, so it is better to share the risks.

[Script3d]

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.

[Denongels]

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.