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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Is still tether the best stablecoin ? now that is not backed to american dollar?
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juvebititalia (OP)
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December 12, 2019, 08:05:34 AM
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Is still tether the best stablecoin ? now that is not backed to american dollar?
is better now to convert tether to dai stablecoins  ? dai stablecoin is also decentralized
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December 12, 2019, 12:36:14 PM
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It depends on everyone's own choice. Most of us know the situation of USDT, but when we look at the volume, we come to a completely different conclusion. Its 24hour volume is almost 5x of the total marketcap. USDT balloon will not live much. Therefore if you prefer, look for stable coins like DAI, USDC, GUSD, PAX instead of USDT.
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December 12, 2019, 12:48:06 PM
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Quote from: juvebititalia on December 12, 2019, 08:05:34 AM
Is still tether the best stablecoin ? now that is not backed to american dollar?
is better now to convert tether to dai stablecoins  ? dai stablecoin is also decentralized
Decentralized stable coins are the perfect option now, if you are still into tether USDT I will advice you not to withdraw from exchange and keep because anything can happen at any time
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December 12, 2019, 12:54:07 PM
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well I prefer the DAI Stablecoin which will not lose its value rather than you having to use tether as a trading tool ,anyway why do you question stablecoin? I think is not good as an investment for the long term because of price stability?
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