Which stablecoin is the most reliable?

[nelson4lov]

Bitcoin and ETH is the most reliable coins to me, if i have to add any alternatives it will be vechain and bnb token, either ways just make sure that the coins you want to invest in have what it takes to gain investors and this can't be accomplished without real use cases or real life working products

The topic of discussion is mainly about stable coins like USDT, USD coin, PAX and others and not Cryptocurrencies in general .

Whenever I hear the word "Stablecoin", the first name that comes to mind is Tether but they have been embroiled in some hit messes in the past and this has reduced my love for them.. however I think the best stablecoin right now is USDC, it's the Stablecoin I have been using consistently for months now with non-issue and I love the fact that it's exclusively an ethereum based token, unlike tether that is in multiple blockchains and one could easily make a mistake and withdraw to the wrong one.

Tether has always been my goto coin if I want to use to keep a part of my portfolio in USD value. Although they've their own hurdles especially with regulatory bodies but it's still the largest and most widely used Stable coin till date. USDC is cool. I've used it a couple of times myself but at the end of the day, I always end up using USDT.

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[Arkann]

Bitcoin and ETH is the most reliable coins to me, if i have to add any alternatives it will be vechain and bnb token, either ways just make sure that the coins you want to invest in have what it takes to gain investors and this can't be accomplished without real use cases or real life working products

The topic of discussion is mainly about stable coins like USDT, USD coin, PAX and others and not Cryptocurrencies in general .

Whenever I hear the word "Stablecoin", the first name that comes to mind is Tether but they have been embroiled in some hit messes in the past and this has reduced my love for them.. however I think the best stablecoin right now is USDC, it's the Stablecoin I have been using consistently for months now with non-issue and I love the fact that it's exclusively an ethereum based token, unlike tether that is in multiple blockchains and one could easily make a mistake and withdraw to the wrong one.

Tether has always been my goto coin if I want to use to keep a part of my portfolio in USD value. Although they've their own hurdles especially with regulatory bodies but it's still the largest and most widely used Stable coin till date. USDC is cool. I've used it a couple of times myself but at the end of the day, I always end up using USDT.

There are quite a lot of stable coins on the cryptocurrency market, although most do not inspire great confidence, but I also trust only those that are backed by real currencies.  In this case, it is USDT that is the best choice for storing its assets in cryptocurrency equivalent and also the best choice for avoiding losses during the fall of the cryptocurrency market.

[GGmith]

my answer is simple, if you want to use stable coins for investment then you can invest in USDT and USDC. As far as I know it is a stable coin and there may be many other stable coins, but you must remember that stable coins will not give you a return on investment, only stable coins Can protect you from losses when the market is in bad condition.

[TanakabZX]

When stablecoins like USDT drops to 0.85 maybe it's because the dollar itself is increased (IMO) and also even it's USDT refers to USD value, USDT is still a cryptocurrency that the price can be pump and dump. So, it's better to hold the real fiat if we want to hold a coins that won't up and down. I think most exchange right now had fiat currency pair like an exchange in my country indodax, it has fiat pair which is indonesian rupiah

I haven't seen a fake stable coin in crypto space, maybe its because building them can't fetch scammers money but its better to use popular or old stable coins, reliable ones are
1. PAX
2. Qusd
3. TUSD
4. USDC
5. MAKER

[trauchot]

There is already a huge number of stablecoins with which you can easily work and hold your investment in them, but it is best of course to invest in the most popular stablecoin and hold your investment there, namely in tether, very often when the cryptocurrency market falls I keep my investment in tether and everything is fine.

[batang_bitcoin]

my answer is simple, if you want to use stable coins for investment then you can invest in USDT and USDC.

A stable coin can't be considered as an investment, you can use it like how we use dollars as a means of conversion. Store the current value of bitcoin and other altcoins you have if you want to.
But saying that stable coins for investments, I think that is inappropriate.

[Colt81]

my answer is simple, if you want to use stable coins for investment then you can invest in USDT and USDC.

A stable coin can't be considered as an investment, you can use it like how we use dollars as a means of conversion. Store the current value of bitcoin and other altcoins you have if you want to.
But saying that stable coins for investments, I think that is inappropriate.

You're definitely right that a stable coin can't be considered as a good investment that you can earn huge profit in a month, but a stable coin is good to store your money when we are experiencing a downfall or bear market. We all know that USDT is the most stable coin, that is why i convert some of my coins to minimize my losses.

[Bonenx14]

my answer is simple, if you want to use stable coins for investment then you can invest in USDT and USDC.

A stable coin can't be considered as an investment, you can use it like how we use dollars as a means of conversion. Store the current value of bitcoin and other altcoins you have if you want to.
But saying that stable coins for investments, I think that is inappropriate.

You're definitely right that a stable coin can't be considered as a good investment that you can earn huge profit in a month, but a stable coin is good to store your money when we are experiencing a downfall or bear market. We all know that USDT is the most stable coin, that is why i convert some of my coins to minimize my losses.

the purpose of stable coin is to accommodate your funds when you are investing or trading in other markets where your country's currency is not registered. and I think it's also not suitable for investment, because its stable movements make it not good for investment

[barabarian1]

of course the most reliable stable coin is tether (USDT). because in trading crypto each tether token can be exchanged for US dollars via the tether platform. and in my opinion the value is quite stable around $ 1. for example we benefit from bitcoin. we can save our profits in tether tokens. because the value is stable unlike bitcoin which is very volatile.

[batang_bitcoin]

my answer is simple, if you want to use stable coins for investment then you can invest in USDT and USDC.

A stable coin can't be considered as an investment, you can use it like how we use dollars as a means of conversion. Store the current value of bitcoin and other altcoins you have if you want to.
But saying that stable coins for investments, I think that is inappropriate.

You're definitely right that a stable coin can't be considered as a good investment that you can earn huge profit in a month, but a stable coin is good to store your money when we are experiencing a downfall or bear market. We all know that USDT is the most stable coin, that is why i convert some of my coins to minimize my losses.

That's the use of stable coins. You can store your bitcoin or any other alts value through it. But whenever I see someone tells that stable coins are for investments, there might be some newbies that will take it wrongly. Those that don't do research can eventually find themselves buying something that doesn't move in value because it's stable as mentioned. There's no 'most' stable coin, as long as it's being categorized as that, they are all stable coins because there's many of them in existence.

[Convery]

Tether is the most used stablecoin, but its history and financing is connected with many shady past activities. I would be a little afraid to hold this coin for more than a month, because you never know when it will disappear. Rather buy some stablecoin that is not owned by one company with strange history, bu makerdao or qdao, both look very promising.

[Sendi blackspade team]

Tether is the most used stablecoin, but its history and financing is connected with many shady past activities. I would be a little afraid to hold this coin for more than a month, because you never know when it will disappear. Rather buy some stablecoin that is not owned by one company with strange history, bu makerdao or qdao, both look very promising.

that's what I'm worried about. although all crypto can disappear from the market I think stable assets have a greater risk of loss in the crypto market. I also have some USDT, but not for the long term. I have it only to help trade that I do. because I believe daily trading is also greatly helped by the presence of stable assets such as USDT.

[Cekerula]

if what you mean is reliable in terms of return on investment, I think not because stable coins will not provide great benefits for you, as far as I know stable coins like usdt / usdc can reduce your investment losses other than investing in other cryptoqurrency.

[biddicoin]

Theter is the highest marketcap stable coins, as far i use theter there is no issue at all

even if you look at price history in coinmarketcap, theter never hits .85 as you said

so, theter is the most reliable stable coin in cryptocurrency in my opinion

[letyouearn]

I believe USDT is the safest option here, at least it's the most popular and thus most stable if you compare it with other stable coins. But I don't think you should treat like a safe way to store your fiat money.

[ameliana]

talking about stable coins I only use them to secure funds when the market is weak and I invest money in USDT / USDC coins. but if your goal is to get high profits then a stable coin is not the right choice, you can invest with btc or other crypto to get a decent return when the market situation improves.

[Kotone]

Many will say USDT or tether but for me stablecoin that can be used on our own advantage is the best one. For example Rub stable coin and China CNY is probably one of the best for Chinese and Russian community. Only wish our own country can have a stablecoin that can be easily be used for trading with fiat. For me stablecoin served as neutralizer on market and this is the goal of it. Anyway, different opinions matter here. It just always depend on one's need.

[arimamib]

talking about stable coins I only use them to secure funds when the market is weak and I invest money in USDT / USDC coins. but if your goal is to get high profits then a stable coin is not the right choice, you can invest with btc or other crypto to get a decent return when the market situation improves.

in terms of utilization I also do the same thing with Stablecoin, they are useful when the market is down and we can use it to hold the funds owned. and to make transactions between the coin markets can also be utilized

[Congyang]

stable coins also continue to experience a price decline, but it will be better than other crypto which have decreased prices but are very drastic. for stable coins like USDT it may decrease but it is small and insignificant.

[mdzahed134]

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.

Rumours spreading it’s very logical i think because Tether (USDT) is printed a lot of times that's the biggest reason and spreading panic in the whole market. But USDT is a huge strongest coin and most using in the crypto space so that they can easily overcame this issue. I always prefer this coin even big whales are using this coin to keep stable their initial assets. USDC or TUSD is the second option i didn’t see any problem both of stable coins.