Which stablecoin is best?

[CryptoLogo]

USDT is certainly a good stable coin to date many exchangers use USDT services as a pair of all top coins other than that the USDT network is pretty fast suitable for transactions and low fees making many investors use USDT services

USDT is the dominator in the market, that's right. However, the best stablecoin is one that has no legal problems and is available on the widest range of exchanges.
Despite the problems with the first point, USDT is wildly popular compared to others, which means that it is not yet worried about anything.

[lozovenkop]

I can't give up Usdt completely, but I'm trying to switch to analogs, specifically BUSDT and DAI.

[trauchot]

There are many popular stablecoins and therefore you can choose any stablecoin from this list, for example, I have been using USDT for a very long time and I have not had any problems with USDT, I can also recommend you to use the stablecoin BUSD, this stablecoin is also very popular.

[kawetsriyanto]

Again, SEC started this bad news again, probably will be again watching for other cryptocurrencies again besides XRP and also USDT.
I also always use USDT for pairing because this is the easiest and most used. However, let's see for the final decision and what happened to the future. Will SEC really act again to against more cryptos that are considered having problems. And this is not a small coin, this is one of the top coins.
If USDT is really forbidden, I think I am also going to search for the other stable coins like DAI maybe,

[Darktongue]

I used to use USD tether all the time and still using it for trading purposes and liquidity purpose but recently we have seen a FUD or may be truth that SEC may have issue against them although they clarified that they are running it under registered business etc etc. Is tether risky from that purpose? Even if SEC warrant something like XRP, what will happen to Tether?
What about another alternative stablecoin?

Tether coins have a lot of opportunities, but their coins are mixed with so much bad news. If I find any problem with the Tether coin, then I will trust DAI or Binance USD. Now so many traders are using USDT for its cost and TPS. TRC-20 USDT coin is helping us to free trade, although so many centralized exchanges still set the high transaction cost.

[Smitty Werben Man Jensen]

USDT and USDC are good stable coins, yes if you choose USDC then you will be safe,
because it is far from FUD, but in USDT there is a lot of controversy, because USDT has awkwardness,
but don't be afraid, there is already a lot of USDT liquidity in the market, I'm sure the coin is stable it will always live with us

[Psynthax]

Frankly speaking, all popular stablecoins equally good for you if you only use it for transferring money or just to buy some cryptos  but holding it in that form for long might be problematic though there's no history of massive stablecoin scam but you should be aware that stablecoins are not decentralized and owned by someone.

IMO, it's usdc that's reliable because its partner is some big company. USDT asset is not really transparent and that could be worrisome. However, if you just use it for the things I mentioned above, just use the one with biggest market volume and accepted anywhere, that kind of stablecoin is just too big to fail or to make an exit scam otherwise the authority will go after them.

[Xardasim]

you should be aware that stablecoins are not decentralized and owned by someone.

There are decentralized stablecoins like DAI and more secure than others I think.

IMO, it's usdc that's reliable because its partner is some big company. USDT asset is not really transparent and that could be worrisome. However, if you just use it for the things I mentioned above, just use the one with biggest market volume and accepted anywhere, that kind of stablecoin is just too big to fail or to make an exit scam otherwise the authority will go after them.

You are absolutely right, if any of them becomes a scam maybe it will wake people from sleep. Look, USDT is ranked 3rd and has a volume of almost 30 billion, also millions of new USDT are printed every week. I always wondered what would happen to USDT in the end.

[NextDoor125]

If you ask me, I will always go with USDT. I really enjoy trading with USDT, but a few days ago many people were saying USDT is not a safe investment, I don't know why people are talking like this. I am still trading with USDT and I'm happy with this. I think USDT is the best stable coin in the altcoins market. Because the price is reasonable and easy to trade with others. Anyway, this is only my opinion, I don't know what people think about USDT.

[acquafredda]

USDC is my first choice when I need a stablecoin now. I do not trust USDT very much and DAI has still a low volume compared to other stablecoins. USDC is mostly everywhere and can be used without issues. If I should entrust large sums I would definitely go for USDC rather than Tether (which is always ready to be slashed by the us gov).

[Renampun]

I often transfer funds with stablecoin and I always use USDT...
USDT has 3 blockchains that are Omni, erc20, and trc20. I always send my funds from one exchange to another with trc20 based USDT. *not USDT supporters only active users

[Ken_terrance]

USDT is the best, it's well popular and active on three different blockchain platforms including Tron, even if gas fee becomes a problem you can use Tron network instead, also this stable coin has the highest gas fee and liquidity, if this coin can't be trusted binance won't use it and also other top exchanges

[leatutz]

Opportunities never come all the time, either grab it or wait for the next time. We can withdraw USDT without any cost. DAI, Binance US and Tether are good stable altcoins. I couldn't see any zero withdraw fee without USDT stable altcoins. Overall, Tether blockchain is the top altcoins with low transaction cost.

[Winscosinally]

Bad projects or coins don't hold a certain position for a long time but USDT keeps topping the rank of the best stable coin, it has the highest liquidity and trading volume as well on many top exchanges, even low exchanges lists usdt, it's way better for me than other stable coins

[optimisticcm]

I used to use USD tether all the time and still using it for trading purposes and liquidity purpose but recently we have seen a FUD or may be truth that SEC may have issue against them although they clarified that they are running it under registered business etc etc. Is tether risky from that purpose? Even if SEC warrant something like XRP, what will happen to Tether?
What about another alternative stablecoin?

Despite the fud USDT still rules the stablecoin market so basically market thinks that it is legit and also everytime they have proven that they are backed genuinely by fiat bank accounts so i do not see any real problem other than fud. Usdc is also great and its volumes are growing simply because some people think it is safer alternative to usdt.

[lalabotax]

there is issue that SEC will target Tether for the next after XRP. And if this happens I am sure it will be not good. I personally really  often use USDT as the stablecoin in trading. If Tether is getting problem, what happen also with other stablecoins?

[Shasha80]

If you look at the data on coinmarketcap, until now USDT is still the best stable coin. Even the trading volume of USDT is above Bitcoin, this proves
the very high demand for USDT. Naturally, USDT is the best stable coin, because it is listed in almost all exchanges. Another reason USDT is worthy of
being the best stable coin is because it has made it into the top 5 cryptos, so many people prefer USDT over other stable coins.

[CutePanda]

In my opinion, the most stable altcoins right now is ETH (Ethereum)
The applications on Ethereum are run on its platform-specific cryptographic token, ether.
As of January 2021, Ethereum (ETH) had a market cap of $138.3 billion and a per token value of $1,218.59.
The goal behind Ethereum is to create a decentralized suite of financial products that anyone in the world can have free access to make a payment or transaction in cryptocurrencies world.

[Mariana Lisa]

Stable coin rate is always vary based on country currency price, from my point of view Tether is the best stable coin compare to other countries stable coin.

[acquafredda]

Stablecoins have another huge use case: they can be used to lend/borrow on both DeFi and CeFi platforms.
If you have a look here https://www.blockfer.com/earn-interest/ you will see how much money can be made by using stablecoins to get some interest. Since banks nowadays do not give nice positive interest anymore, we can rely on these coins to get some.