stablecoin

[Drai]

I am a huge fan of ethereum and so my favourite stablecoin is USDC which is issued in the ethereum blockchain, this makes it easier for me to store my stablecoin, ETH and ERC-20 okens all in one wallet and because the ETH blockchain is fast and cheap, I can make as many transactions as I want with little cost.

[1714887795]

1714887795

[1714887795]

1714887795

[1714887795]

1714887795

[1714887795]

1714887795

[Coin BTC]

What is a reliable stablecoin?

Reliable stable coins are USDT (Tether), USDC (USD Coin), TUSD (TrueUSD), PAX (Paxos Standard Token). The coin is very stable. The coin is based on the value of USD.

[cepot9]

Their USDT and Dogecoin are stable for me, the most stable is USDT because this is indeed like a dollar so it's suitable for securing funds

[mendra_2009]

I only use USDT stable coin in digifinex exchange. There are many stable coins that you can examine such as USD Coin (USDC), TrueUSD (TUSD), Paxos Standart (PAX) and others. You can see it at Coinmarketcap. I hope you understand that.

[letyouearn]

Using Tether out of habit. Don't think it's very reliable though. One should always remember then this tether money are made from air and can disappear on day. Keep this in mind and don't be too trustful.

[suzanne5223]

I usually use USDT to convert my altcoins like when the price of crypto is going down, there are many stable coins in the market and very useful, but most I like is USDT.

I don't see USDT as a useful stablecoin this days after the recent accusations made towards them by the US attorney which also leads to some crypto exchange site listing the stable coin while some stop/pause USDT pair trading.
I will advise you to stop using the coin while you use the other stablecoin we have in the market to be incase.

[acmakc12]

My opinion of this is to be wary and trust only USDT and some more, because a stableblock can be in one day, and in another its creators will decide to cease to exist ..

[michellee]

I think it is hard to make a profit from a stable coin because the price is not increasing too high and we need to wait for a long time to see the price increase for a small price. Maybe a small price can be a solution to save the money in usdt, usdc or else but that will not good to keep for a long time because we don't make a nice profit. If I hold some stable coin, I will use it to buy some coin, especially if I can see the price is at a low price.

[muratsink]

I think, there is no stable coin that can be relied upon for its volatility.  You can see how USDT graphs in every market.  Crypto observers do not pay serious attention to stable coins. They assume that coins stable like US dollars.  only volume and liquidity are different.  if you are interested in stable coins, I think, Tether can be your choice.

[aauchit]

Stable coin I would not recommend to use any stable coins, because the most of them are not stable  At the moment it should be tether

[lumierre]

I don't believe in reliable stablecoin. At present, stablecoin is becoming more and more unreliable. Mainly because: 1. Frequent issuance, which will cause many problems in the future 2. It is centralized control. Generally, it is managed centrally by a company or fund. This makes stablecoin hard to convince.

Do not be deceived by all these stable coins. These are coins of speculators who use this tool to earn money from the crowd. At any moment stable coins can turn into a disaster for you.

Look at stable coins in a different way. They give a great chance to save money from inflation. In some countries, national currencies are simply falling in price so quickly that people get their salaries literally in bags - even paper that is used to print this money costs more than it. Stable coins investment can be the way out for people from countries with an awful economy.

[Kemileye]

What is a reliable stablecoin?

I doubt if their is any 100% reliable stablecoin because even the most used stablecoin know as Tether is not 100% reliable because there has been a lot of criticisms about the manipulations of Tether. I just think the only important of stablecoin is that it helps traders to safe value from huge dump.

[giletto]

My best stable coin is USDT because of it huge liquidity and presence in almost all every exchange available but I have started becoming wary of it since the controversial revelations about tether and parent/partner company bitfinex which is still in limbo at the moment.

[SistaFista]

What is a reliable stablecoin?

Are you new in cryptocurrency ? Usually peoples will rely on USDT as their stable coin.
But there are some other stable coins as well, you can see more in http://coinmarketcap.com

[J1mb0]

What is a reliable stablecoin?

USDT is undoubtedly the most stable and reputable stablecoin in this market. Nowadays, a lot of stablecoin has been created to serve the purpose of users, but USDT is always the first choice.