Which stablecoin do you trust the most?

[1l1l11ll1l]

As of now, even though USDT had its fair share of blunders, Tether is still the most flexible ALT in the market and is the one go to from exchanges both DEX and CEX. I always use it with my BTC day trading.

I wouldn't call it a blunder if they purposely produced usdt again without being backed up at a 1:1 $ ratio. Btw, now I still use USDT in small amounts myself, as long as they are proven innocent, I think USDT can still be trusted

[1715588576]

1715588576

[1715588576]

1715588576

[1715588576]

1715588576

[1715588576]

1715588576

[1715588576]

1715588576

[fahmimajannat]

Usdt is one of the best stable coins though it has some negative rumours in the market. But if you don’t want to take risk you should better to hold in dai. Its a good alternative for usdt. But there is a problem with dai. You know the eth transaction fee. Its the main problem
In usdt you can easily make transaction in trc20

[justdimin]

People should not "trust" stablecoins, they are not crypto currencies and they are only stable currencies that you use instead of having the money in your bank account. Back in the day it was harder to move fiat around in the crypto world, you could had fiat in your exchange if you want to move moving fiat from one exchange to another exchange was difficult, that is the only reason why fiat was created, plus it was harder for altcoin exchanges like binance to actually list fiat, now not so much but when they first started you couldn't get your money back from them to your bank account, so things like USDT was created for this reason only.

If you have to trust a company with your money, that is already wrong and that is already gives you a huge risk, the moment that company says "sike, we got your money" and leaves you have nothing to do, and there is absolutely no guarantee they won't exit scam, it is too risky.

[Francis Freeman]

As of now, even though USDT had its fair share of blunders, Tether is still the most flexible ALT in the market and is the one go to from exchanges both DEX and CEX. I always use it with my BTC day trading.

I am using USDT as well. It is available in almost all exchanges and it is the preferred currency used for some ICO too. Further more I can easily transfer it without fees using USDT on Tron network. So a win win for all.

[lousie9]

What worries you about USDT coin? I personally am not too worried about saving thousands of dollars in USDT. In fact, I once kept $ 2000 in USDT to minimize the risk of loss and it wasn't bad, and in the end I changed some to convert it into other cryptos for several reasons including trying my luck with other coins. so I think USDT is safe for your money.

[trauchot]

I have constantly held and keep my investments in USDT and I did not have any problems with this, there are also many other Stable Coins in which you can hold your investments, for example, in busd or in dai, these stable coins are as popular as USDT, therefore, you can also hold your investments in these Stable Coins or you can look for other stable coins, but these three stable coins seems to be the most popular, so here it is up to you to decide in which stable coin to store your investments..

[oemar bakrie]

bitcoin is currently showing an increase in any market ..
with the hope that things will get better, it takes patience to be able to benefit..

[arifteguhr]

Usdt is talked about a lot because it prints money, but I myself often use usdt as a transaction. now I use USDT Trc-20 for transactions because the fee is quite low. Compared to the Erc-20 platform, which once sent we have to spend more money for transaction fees. I never took long to hold usdt. because this is only for transactions and not for me to trade. I think there is no risk

[seramania]

why do you have concerns about USDT even though since 2017 I used USDT and there have never been any problems with USDT. So it's just an untrue issue and that worry you should get rid of, so my suggestion is sticking with USDT is a good option

[ameliana]

of some stable coins in the crypto market, I only believe in USDT and I often use it for trading pairs, because this coin can really maintain its stabilization value. so I think USDT (ERC20) is a stable coin which is really decentralized.

[carrie_white]

If you want to buy stablecoins, of course USDT is the right choice, but in my opinion, instead of buying USDT, it's better if you buy ETH or bitcoin, because I think for now the two giant coins are still going up.

[MUG1WARA]

Don't ever listen to bad news about USDT because as long as it's not proven it won't be a problem, anyways, the news in circulation has been around for a long time, but the proof is that until now USDT is still good and this is the best stablecoin till now

[repear7]

BUSD and USDT.

BUSDT is binance stable coin. Binance always trusted in my eyes. And USDT for a popular stable coin. Maybe USDT is most popular stable coin. So always use those 2 stable coin.

[Review Master]

why do you have concerns about USDT even though since 2017 I used USDT and there have never been any problems with USDT. So it's just an untrue issue and that worry you should get rid of, so my suggestion is sticking with USDT is a good option

If anyone follow all news regarding USDT, than everyone must know that there was a allegation of market manipulation regarding USDT between Bitfinex and Tether. In short, Bitfinex loaned USDT from Tether and manipulated the whole market back in 2017 to skyrocket whole market. But recently, that loan is paid by Bitfinex and everything is now sorted out.

[DeathAngel]

You shouldn’t have any concerns about USDT, it’s totally legit. The only concern you should have is using a reputable exchange to store it on. Never leave large amounts of any currency on crypto exchanges for too long, you don’t need me to tell you why.

Good luck.

[Jamesdila1]

No stablecoin pegged to a common currency will give you stability on purchasing power in the long run, inflation's always working against purchasing power of stablecoins

[nira09]

Hey guys,
I plan on selling some of my altcoins in the near future. Instead of converting it to fiat, I will rather convert it to BTC and stablecoins. I hear a lot of concerns regarding USDT, which is why I want to ask you guys what stablecoin you prefer to hold?

Thanks in advance.

So far the stable coin that I use is USDT ERC20 "Tether", although there is some negative news about it, but so far tether can keep its value and become a stable coin with the largest market cap and very high trading volume.
you are right, not converting all your assets into stable coins, but also converting them into BTC

[Xxmodded]

Hey guys,
I plan on selling some of my altcoins in the near future. Instead of converting it to fiat, I will rather convert it to BTC and stablecoins. I hear a lot of concerns regarding USDT, which is why I want to ask you guys what stablecoin you prefer to hold?

Thanks in advance.

So far the stable coin that I use is USDT ERC20 "Tether", although there is some negative news about it, but so far tether can keep its value and become a stable coin with the largest market cap and very high trading volume.
you are right, not converting all your assets into stable coins, but also converting them into BTC

I think better you use usdt trx20 as stable coin for sending to other wallet because without fees transaction, I think you most less your assets when sending with usdt erc20 and running with gas fees transaction, right now you need above $10 each only transaction sending coins and looks not worth if you try send with usdt erc20, better use usdt trc20 without fees transaction and take few minutes transaction success sending.

[jan.nicolas]

of some stable coins in the crypto market, I only believe in USDT and I often use it for trading pairs, because this coin can really maintain its stabilization value. so I think USDT (ERC20) is a stable coin which is really decentralized.

May I ask you what your trust in this USDT project is based on? I am not saying that this is a bad project or other things. The fact is that I have not heard anything good from audit companies about the USDT project.

[adamvp]

Among centralised stablecoins I think USDCoin is most trustworthy, at least of that most commonly used. They are audited reguraly.
From decentralised stables I bet on DAI - however it is as Ethereum token very expensive now and USDN on Waves platform looks good.
Interesting  article about stablecoins stability: https://medium.com/coinmonks/how-well-do-the-top-stablecoins-perform-a-quantitative-analysis-c56d022719b