I stake most of my USDT, it is better to leave it as USDT or change it to USDC ?

[Eternad]

USDT is experiencing depegging and FUD in past few days due to market dump and UST failure. You should diversify your asset in different stablecoin and avoid USDT as much as possible. BUSD and USDC show some strong  price movement against the recent market dump. It is better to move your asset there rather than USDT which is very hot in the eyes of investors and prone to panic selling when someone start a move on depegging it like what happened on UST Terra.

UST has a lot of shady activities in the past while BUSD and USDC are transparent and much safer compared to USDT nevertheless you are still the one who will gonna decide.

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[maydna]

Staking USDT is okay but staking USDC is also okay. If you are already staking USDT as the image, you could continue and claim the reward, but you can use the reward to convert it into USDC and staking it. I am also staking USDT, but I am not trying to stake USDC, and I think it is good to start now and get the reward of buying and investing in bitcoin. That will be another benefit for me in this downtrend so I can get more profit later from bitcoin.

[Jackl87]

I stake most of my USDT,
it is better to leave it as USDT or change it to USDC ?

For me USDT is the second safest stablecoin in the whole crypto market out there. So if there should really be a massive depeg of USDT, like the price falling below 0,90 USD or something then i think this would have a massive impact on the whole crypto market and we would see a bear market like we have never seen before probably.
That being said, i still think that USDC is safer than USDT. The reason for that is pretty simple. The company behind USDT says that they have enough reserves to back every USDT minted with a real USDT but we don't know what kind of reserves those are or if they even exist. USDC is more transparent here.

[CapnPants]

Has anyone ever heard of Natome.one before.

There's dozens of these posts asking about USDC vs USDT across the web with the same screenshot, especially on reddit, and it seems like a subtle way to plug a scam without triggering our normal bullshit detectors.

I'd be happy to be wrong but it's hella sus. The site asks for the seed phrase for your wallet without creating an account.

[tbct_mt2]

With all fud, free falls, meltdown from Bitcoin to Ethereum and stable coins, lending platforms, venture capitals, it is not good time to keep your money in any stable coin or on any platform.

They can be depegged, can be bankrupted and can disable withdrawal anytime. It is time to stay as observers and join the bank-run. Your money should be in your own wallets or in fiat currencies, not in stable coin, any coin or on any platform.

It is not time for leverages in margin or future tradings. You will suicide if you do this.

[tjtonmoy]

depending on the volume with marketcap and also after seeing other expert's discussion, I think USDT will hold it's ground. Although there's always a chance of anything happening in crypto world, you gotta take the risk. This is like no risk no gain.

[mich]

I’ve been staking USDT for a little while now and I have to say I am pretty happy with the results. A friend of mine got me into staking my crypto for passive income and I see it getting more and more popular as a way to make profits now.

I think tether is a pretty solid option for stakers because it’s liquidity makes it easy to trade in and out of positions. I’ve never staked USDC and I don’t know if I would want to risk it since USDT has been working pretty well for me at the moment.

My friend told me that USDT is the best staking crypto for mining pools and you get the best value so why change it up now. I only follow advice from people I respect and my friends has been doing real well so I continue to take his advice and it’s been working.

[lottery248]

it's best to change all to USDC.

USDT hasn't been back to the exact $1 probably since the Terra (LUNA) was depegged and has been dropping in its market capitalisation (from 2022.5.9's 82B to today's 67.5B). on the other hand, it's not fully backed in cash, thus it doesn't guarantee 100% solvency.

edit 2023.3.11 - fuck my life i got this wrong.

[tvplus006]

...My friend told me that USDT is the best staking crypto for mining pools and you get the best value so why change it up now. I only follow advice from people I respect and my friends has been doing real well so I continue to take his advice and it’s been working.

Such following the advice of friends at some point may lead to the loss of your deposit. Look at what is happening on the market now, large funds with huge financial resources and qualified specialists are incurring losses commensurate with billions of dollars. I think if you learn more about USDT, you won't be so categorical.

[RussianEnglishTranslation]

I would say that USDC is being bridged to most blockchains these days and that it is a much safer bet than USDT. I'm looking forward to switching to USDC on Candle Chain and I already have switched over on Polygon.

[vv181]

Warning

@OP just spamming a fraudulent site. Ignore him.

lyzaeth is an alt of lyzether. See my feedback reference for it.

Also my post on the other thread:

Beware @OP is spreading a fraudulent site.

See my feedback on the @OP account. And especially this: https://ninjastic.space/post/60374319, I gave a warning in the last OP thread, but he delete the last thread.

[TelolettOm]

How long are you going to stake? So far, USDT is fine enough, and no problem with this.
But, due to the bad news about USDT so far, I personally will not stake it for the long term. But if this is at least 3 months, it may be not a problem. Although we don't know exactly what stablecoins will be crashed or survive because of some news. Many people say that USDC is safer because it has backup and USDT is not. But once more, this may give a certain influence. At least, so far, USDT becomes the most used

[Xampeuu]

How long are you going to stake? So far, USDT is fine enough, and no problem with this.
But, due to the bad news about USDT so far, I personally will not stake it for the long term. But if this is at least 3 months, it may be not a problem. Although we don't know exactly what stablecoins will be crashed or survive because of some news. Many people say that USDC is safer because it has backup and USDT is not. But once more, this may give a certain influence. At least, so far, USDT becomes the most used

I think choosing both is a good decision, where with the negative news that has happened to usdt, of course we have to be more vigilant, even though until now usdt is the most widely used stable coin. while usdc is a stable coin that has not had any negative news so far, and besides the two I think busd is also a stable coin of choice to park our assets, before being used to buy coins again, because I usually use stable coins to secure temporary assets

[LUCKMCFLY]

At the moment the usdt has some problems, I don't know how much acceptance is after LUNA fell with such intensity, but I think it is still very reliable, in my country some exchange houses give it as if it were a normal change of course their respective address is provided and they mostly use Binance which is where they make the free transactions, so when we start to see the market I think that in my personal opinion instead of saving or changing to USDT what I would do would be to put everything in BTC , it doesn't matter if it drops in price, it would still be bought the same, so for now all cryptos are to be careful, none is safe.

[SistaFista]

I stake most of my USDT,
it is better to leave it as USDT or change it to USDC ?

So, you staked your USDT on Natomi platform did you ? I don't know about the platform, it sounds new for me.
Anyway, USDT or USDC is the same on value, just choose the coin that more people using it.
The example for worst case is UST, stable coin from LUNA. Just hope our stable coins won't end like UST.

[0verseer]

At the moment the usdt has some problems, I don't know how much acceptance is after LUNA fell with such intensity, but I think it is still very reliable, in my country some exchange houses give it as if it were a normal change of course their respective address is provided and they mostly use Binance which is where they make the free transactions, so when we start to see the market I think that in my personal opinion instead of saving or changing to USDT what I would do would be to put everything in BTC , it doesn't matter if it drops in price, it would still be bought the same, so for now all cryptos are to be careful, none is safe.

You shouldn't do that. If you truly think BTC going to have the bull run soon, you DCA in but not all of it in one go. If you fear USDT going to pull the plug like LUNA, try to diversify it to the other like BUSD or USDC to lower your risk of holding stablecoin.