Usdt is safeheaven and usdc

[asyakashi]

Gold is also bad as you cant move this around the world and its volatile price can go down.

You are wrong with this, gold will tend to go up even though it can go down however gold is a real future money and alternative if financial technology becomes extinct.
When compared to currencies such as USD or in the form of cryptocurrency USDT, I believe this currency will soon be inflation and tend to continue to experience a decline in value in goods.
Whereas gold has a solid price, and some of the richest people in the world I believe have been saving gold for a long time because technology can easily become extinct.
Pure gold is the result of nature so that if one day there is a technological extinction, only gold is what we trade, of course when this happens the value of gold will beat all currencies, even USDT today.

[gurunanakji777]

Yes, it's not related to any country's currency even people use this as a stable coin. Nothing is safe hackers can hack anything I believe. To stop the scamming we need regulation. We all have a different opinion on this matter. I don't want to hide anything so KYC does not matter to me. I want this market should be secured and it can happen only when the regulation happens. I would also suggest its better to keep your money in US dollars rather than USDT or USDC if you don't plan to use it instantly because in long term we can not trust these stable coins also US $ is the best option and you can convert in cryptos anytime whenever you want.

[bamb]

Usdt and Usdc are only useful in cryptocurrency as I have not been able to use it outside of crypto! The volatility of cryptocurrency does not affect stable coin but Stable coin have their own issue as well!
The risk of holding a stable that is not back by anything other than paperwork and unverifiable bank account balance is higher more than holding bitcoin! I think nothing is 100% safe heaven!

[cabron]

Gold is also bad as you cant move this around the world and its volatile price can go down.

You are wrong with this, gold will tend to go up even though it can go down however gold is a real future money and alternative if financial technology becomes extinct.
When compared to currencies such as USD or in the form of cryptocurrency USDT, I believe this currency will soon be inflation and tend to continue to experience a decline in value in goods.
Whereas gold has a solid price, and some of the richest people in the world I believe have been saving gold for a long time because technology can easily become extinct.
Pure gold is the result of nature so that if one day there is a technological extinction, only gold is what we trade, of course when this happens the value of gold will beat all currencies, even USDT today.

Gold is too volatile so not stable

Nothing can be seen as safe heaven if you consider the volatility and stability because none including BTC. But if you only look at seizing of funds, you might just look into BTC. For hedging against the volatility is where the stablecoins that you mentioned.

There are several angles to look at it so which one are you trying to avoid is what you are going to be putting your money on. I personally like stablecoins but storing them on a private wallet is not something I would like to do. Rather want them on exchanges and trade at the right time.

[Jackl87]

Usdt and usdc not volatile and you can send them fast and cheap.
And usdt and usdc not the usa dollar so they not related to any country currency.
Dollars been just used some part of it to print and mint stable usdt.

Well i definitely agree that stablecoins are really great as a safehaven to "park" your profits once you sold another crypto project and that way you always have it available if you want to make a fast transaction because you quickly want to invest into a project that looks promising to you. If you would have to move your profits to FIAT all the time then you would have to make a bank transfer first which takes at least 1 day and then the opportunity of a great investment could already be gone.
I disagree though, that USDT and USDC are completely independent from the "real" USD. Those stable coins aim to always have the same price as the USD after all which means if the "real" USD loses value in comparison to other national currencies then USDT and USDC also lose value.

[Taskford]

Usdt and usdc not volatile and you can send them fast and cheap.
And usdt and usdc not the usa dollar so they not related to any country currency.
Dollars been just used some part of it to print and mint stable usdt.

Well i definitely agree that stablecoins are really great as a safehaven to "park" your profits once you sold another crypto project and that way you always have it available if you want to make a fast transaction because you quickly want to invest into a project that looks promising to you. If you would have to move your profits to FIAT all the time then you would have to make a bank transfer first which takes at least 1 day and then the opportunity of a great investment could already be gone.
I disagree though, that USDT and USDC are completely independent from the "real" USD. Those stable coins aim to always have the same price as the USD after all which means if the "real" USD loses value in comparison to other national currencies then USDT and USDC also lose value.

We can see their importance especially by know that we are experiencing a heavy market movements which is so unpredictable and even expert don't know if we can see more worse from its current situation or not. That's why for now I'm securing my assets and park it on USDT for a while maybe will do some action once Ukraine and Russia will end up their non sense war.

[Coyster]

Bitcoin not good as safeheaven as one day it goes up other day low.

Bitcoin is not a safe-haven asset, at least not yet, but its volatility would always favor its users in the long run, you're well aware that Bitcoin is a long term investment, and not minding some plunges/correction phases, it would always rise up and generate returns for its investors that are patient. Mind you also that Bitcoin is decentralized and as long as you store your coins in a non-custodial wallets and pay particular attention to your security, your funds are safe, no one can basically just lock your funds as is possible with centralized coins. Having said that, USDT is very risky, and i would not go over the risk concerns again as many users above have done that already, it is clearly not a safe-haven asset, and one would be a whole lot better hodling either Bitcoin, gold or even the USD itself that it.

[Similificator]

Look man, I know you have a good intention for posting this and that is to help but I suggest that you really study your facts very well before even posting such information like this since it is very misleading for the newbies out there that are not yet aware of most of the things and are in this forum with the intentions to learn more. Please be more careful from now on and research more. And while you're at it, it would be a good start for you to take a good look at the responses you got since there are quite a few informative responses before this one that can help you correct such assumptions.

[Zotak337]

Gold and BTC can be use as real store of value if you want to keep them for long term but for quick spending stable coin is a good alternative still you need to choose the right stable coin, I prefer BUSD it's centralized but more transparent than USDT.

[danherbias07]

Yeah right, thank you. You can calm down now.
Why would I store USDT if I could just get my hands with USD itself, in paper, cash.
IMO, USDT has only its good usage for trading and that is to protect yourself from recent pumps or dumps. Before it was the worry of many traders because they cannot hide when trading Bitcoin to altcoin. There are instances where both will be dumped so you really gained nothing.
USDT is the solution for that problem but keeping it as an investment is not wise. Much better use the banking industry.

[riskarcher]

Yeah USDT is the safest asset but not as valuable as Gold, BTC and Stocks. We also need a large amount if you want to make a profit. even though assets are not volatile but USDT or USDC can be hacked to be stolen if we don't store them in a safe wallet because the system used by Decentralize, no one guarantees your assets are safe if you don't protect your assets properly different with bank

[zasad@]

https://daistats.com/#/overview
If we talk about reliability, then I would look at these statistics. Any user can check this data and make sure it's true.

Or you can trust these reports
https://www.centre.io/usdc-transparency

If you write similar data about USDT, then I will give you merit.

[manok jepang]

it is undeniable that USDT is one of the most secure stablecoins, but this coin can't give you profits like BTC, ETH, and BNB, but at least USDT can protect your assets from depreciating in value caused by their decline market price, I think if you want to invest in the long term it's best to avoid stablecoins.

[MAAManda]

Usdt and usdc not volatile and you can send them fast and cheap.
And usdt and usdc not the usa dollar so they not related to any country currency.
Dollars been just used some part of it to print and mint stable usdt.

Bitcoin not good as safeheaven as one day it goes up other day low.
Gold is also bad as you cant move this around the world and its volatile price can go down.

One thing...just we dont need regulations over crypto we need privacy only second point dont let anyone to freeze your usdt this is stealing anyone who justify that are crooks also.

The volatility is not store value it good only for the speculation like it is the gold and btc and other volatility coins.

Usa is ahead of everybody now as they have USDT whoever made USDT is genius its best you can have private currency in your wallet and it has value.

Did you know that Stablecoins are minted with real asset collateral? which means if Tether wants to mint 10$USDT, they have to provide 10USD to do that. And as we all know that FIAT is not a safe place to store assets, because there will be inflation.

So even if you think stablecoins are good assets for storage, that's really not true. Personally, I will always prioritize Bitcoin (BTC) or Gold because it is a store of value.

[SirLancelot]

Usdt and usdc not volatile and you can send them fast and cheap.
And usdt and usdc not the usa dollar so they not related to any country currency.
Dollars been just used some part of it to print and mint stable usdt.

Bitcoin not good as safeheaven as one day it goes up other day low.
Gold is also bad as you cant move this around the world and its volatile price can go down.

One thing...just we dont need regulations over crypto we need privacy only second point dont let anyone to freeze your usdt this is stealing anyone who justify that are crooks also.

The volatility is not store value it good only for the speculation like it is the gold and btc and other volatility coins.

If there is more privacy between them then that will be btc not usdt because usdt was related to usd or to the banks so we can assume that it is centralized. Usdt can be a safehaven for you because it is more stable than btc but not for us. for us, only btc is the crypto that can be considered to as a safe haven due to its robustness.

Don't know about usdc but AFAIK usdt is under the etherium network so transactions with it are not cheap but it's actually pretty costy. You said bad stuffs to gold where infact gold is much better than stable coins because of its volatility where you can earn some profits with it although I think gold is also a government owned. Btc is still the way to go.

[dothebeats]

USDT and USDC are not safe havens. You would be a fool to believe that your funds are safe if you lock them into USDT and USDC. There are companies issuing them that reserves the right to seize your funds if and when they want to. The value of their coins are also not always a guarantee, because if something happens to the company, the stablecoins are also affected. 

I would not keep my coins on the form of these stablecoins for an extended period of time. It's risky, and not really doing much for me compared to when I keep them in bitcoin.

[magneto]

And usdt and usdc not the usa dollar so they not related to any country currency.

Well, this is untrue.

The value of USDT and USDC is solely dependent on the actual USD value, which is obviously in perennial decline.

Unless you have a good reason to demand fiat exposure, these are not safe havens by any means. Sure, it can counter volatility in the short run, but you no longer have the ability to hedge against a fiat collapse.

[mdzahed134]

it is undeniable that USDT is one of the most secure stablecoins, but this coin can't give you profits like BTC, ETH, and BNB, but at least USDT can protect your assets from depreciating in value caused by their decline market price, I think if you want to invest in the long term it's best to avoid stablecoins.

That's not true, even USDT is more risky than DAI and USDC when you will see to compare about security issues. Because USDT is decentralized network, So they have access/control to freeze your coins and they can anytime, How do you say it's a most secure stable coin? For long term investment in stable coins, have to make sense. It’s can be used for short term when market will bearish.

[Silberman]

And usdt and usdc not the usa dollar so they not related to any country currency.

Well, this is untrue.

The value of USDT and USDC is solely dependent on the actual USD value, which is obviously in perennial decline.

Unless you have a good reason to demand fiat exposure, these are not safe havens by any means. Sure, it can counter volatility in the short run, but you no longer have the ability to hedge against a fiat collapse.

Not only they offer no additional protection but they offer even greater exposure against several other risks, after all if I were to guess which could happen first between the collapse of the fiat system or the collapse of a private company which backs their tokens with fiat, I will assume the second option is the most likely out of the two, so if the fiat system collapses then you lose whatever money it was invested in those stable coins anyway, but if the company which created those coins collapses first while the fiat system is still in place, then this means holding those coins is even worse than holding fiat, as the risk of losing our money is even higher.