stablecoin

[ren0014]

What is a reliable stablecoin?

[dkbit98]

What is a reliable stablecoin?

None of them is 100% reliable.

Most of the people use USDT Tether, but there are a lot of controversy about it...

Libra Facebook coin will have that function also in future (100% centralised and controled by Facebook and richest companies).

Nice article about this topic:
https://cryptopotato.com/what-are-stable-coins-the-complete-guide/

[konstant111]

you can see more information on a very good exchange there is a coin rating by class, please take a look at this and have more experience

https://www.southxchange.com

https://southxchange.freshdesk.com/support/solutions/articles/36000132616-what-are-the-coin-classes-

[Chlotide]

Pretty much no stable coin is reliable as they are centralized. They can be backed by all sorts of assets: fiat (USD,EUR etc.) gold, real estate... you name it ! Problem is the entity that controls them can mint (issue) any amount at any given time (pretty much that's the main reason for all the controversy behind it, as dkbit98 mentioned)

But at the end of the day they serve their purpose.

Why are you asking? Their not worth investing in, thus the name "stable". You just use them to buy other crypto. And for that you can just head in your exchange of choice and use what ever "they have on stock": USDT, TUSDT, DAI and go crazy!

[dkbit98]

You can VOTE here
if you use stable coins, and post feedback please:
https://bitcointalk.org/index.php?topic=5166604.msg51869794#msg51869794

[crypmon259]

Stable coins are only for using to buy other cryptos. Don't buy too much stable coins and keep it as a stored value. Now almost all exchanges are using stable tokens to make a very big trading volumes in their exchanges. Tether mints unlimited amount to pump bitcoin prices, which is controversial , which does not make sense . I mean stable coin still comes as crypto token , if there s not limit in its supply then what will be difference between USD and stable coin? Both are minted fresh with unlimited amounts and ultimately it destroys the core value

[Mang Li]

What is a reliable stablecoin?

a lot of stable coin in the market now,
but i always convert my bitcoin and altcoin to USDT or tether when i predict the price of bitcoin will down my friend

[shinratensei_]

What is a reliable stablecoin?

All of the stable coin that really backed by the dollars or another collateral that makes it stable. I put an exception for tether to be included in the reliable stable coin's list because it's crap and full with manipulation. USDQ, TUSD and USDC are the best

[Malamok101]

What is a reliable stablecoin?

a lot of stable coin in the market now,
but i always convert my bitcoin and altcoin to USDT or tether when i predict the price of bitcoin will down my friend

I think there are no stable coins all of crypto coins get moving for pumping and dumping there are no stable price in the market that you can invest on. Even cents are moving on their price and even USDT also.

[llecrf]

Stablecoins will never be affected by BTC prices or other altcoin prices, if you have profits when trading, you can change them to stable coins, there are always increases and decreases in the crypto market, there are many stable coins that support fiat, USDT and Binance plans to make stable coins supported by pound sterling.
You can visit platinum QDAO StableCoins if you want to get to know more and see how they can manage stable coins that are supported by Fiat currencies such as dollars, yuan and much more

[omone1]

I mainly use USDT because it's the major evil I can trust for the main time. While some experts say it could crash, so because of this prediction, a friend of mine rather leave his fund in btc or eth, or at worst sell for fiat.

[Khuongcute2503]

What is a reliable stablecoin?

Most are very reliable. Most of people used USDT but i can suggest you use USDK, USDC, PAX, TUSD,...

About USDT: They have a lot of recent clutter, but you can still use them

About USDK: They are created on the OKChain platform, protected by the top exchange is OKex

Hope some informations can help you!! Goodluck bro!!

[terrific]

You plan to buy? I don't buy stable coin but I think the reliable ones are those backed up by a legit company.
Like USDC and GUSD.

[Lantind]

What I know about stablecoin includes the altcoin of USDT, USDC, and TUSD as well as another one that will appear in the next year, namely USDQ, because now the USDQ is being developed by the team and the bounty is still active today, if indeed interested can be followed, because of its potential there is.

[peterlustig]

There are lots of stable coins in the market but none of them are 100% reliable mainly because of the centralized nature and they can mint new tokens at any given time so in my opinion if you are planning to hold a stable coin for a long time then don't because they are only good for short term hold.

[LuckyBtc]

In my opinion the most reliable stablecoin is Theter(USDT).
Because this coin has already listed on CMC and has a big marketcapital.

I think it's not that reliable, I've seen it get in trouble from time to time. So, It's better not to keep USDT for too long. There are many stablecoins now, Some are backed by big players for instance USDC(Coinbase). If you want to hold FIAT for long it would best to spread it out between various stablecoins.

[Tarion]

I would not recommend to use any stable coins, because the most of them are not stable  I can remember a day in 2018, when Tether just crashed and was traded around 0,5 USD. In my opinion such things are unacceptable for a stable coin.

[stfN2128]

At the moment it should be tether. Much fud arround it and i really hope it will not burst in the future. Tether is the most common stable coin on all exchanges so far.

[Daha19]

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.

[indriasyifa]

in my opinion, stable reliable coins are coins that have high stability, because if the coin has high stability, the level of investor confidence will be higher, like the current USDT, which is almost used in various market exchanges.