I know this question has been answered many times before.
However, I want the current market outlook.
First: Stablecoins are cryptocurrencies the value of which is pegged, or tied, to that of USD.
I made this post to discuss togather which stable coin is the best stable coin in your opinion?
The current biggest stable coins are:
1- Tether: USDT
2- USD Coin: USDC
3- Binance USD: BUSD
4- Dai: Dai
5- True USD: TUSD
These are the biggest by marketcap.
After a research I saw that alot of negative comments are about USDT. However, USDC and BUSD seems the most trusted.
What do you think?
Thanks and regards.
for sure usdc.
4 – DAI bcs it is not (completely) owned by one entity and has decentralized governance.
I like BUSD a lot.
The US dollar seems like a good stablecoin
Usdc
Pax gold is a good one?
USDC all the way, it’s backed 1 to 1 no Tether games
USDC is fully backed by dollars. Circle is compliant with the regulations as far as I know
Krugerrand – protecting purchasing power since 1967.
SigUSD
BUSD since I use Binance.
The true stable coin is banano 1 ban = 1 ban 🍌
None of the above.
I like bitcoin, pegged to bitcoin.
I like BUSD, USDC and DAI. I use more BUSD because of Binance APY but I use the other ones too.
Im more of a busd guy and even then for short amounts of time id rather keep it in crypto
Interesting nobody has mentioned Gemini despite them being the most regulated exchange out there and owed by literal billionaires.
USDC and BUSD are my favorites.
Also, fuck Tether
I choose USDT. It started it all, it works fine and it survived a lot of crashes.
GBPT
DAI, RAI, FEI, FRAX.
I personally trust USDC most, transparent and with the backing of Coinbase
But what I’ve seen most is USDT is being the most, It’s what i get and use with people, what I used to get my Angelblock and what it is gonna be used to work on the platform
And many sales happen with USDT and ETH
Ill keep with Fiat though. I hate stablecoins
USDC is the way
USDC
BUSD since I am using mainly Binance, but as a second option I always tend to use USDC
USD itself… What’s the point of making a crypto version of it, it just adds another layer (of risk).
The US dollar seems like a good stable coin
Preferably actual fiat dollar on exchanges that let you hold it like kraken. Otherwise USDC imo
As of right now I would pick BUSD. Reason being, it’s backed by Paxos, which is overall a very trusted and regulated company.