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Which stablecoin is better?
 

Hi!

Surely, many people keep their savings in cryptocurrency, or rather in stablecoins.
As far as we know, the most popular is the USDT token, which is pegged to the US dollar.

What do you think? Which stablecoin is more reliable or USDT is enough? If USDT is enough, what is the best network to store funds in?

Re: Which stablecoin is better?
 

I kind of doubt "many people"...but interesting discussion to follow

Re: Which stablecoin is better?
 

I think that after recent events of fraud in the cryptocurrency market that a monitory product which is not protected by governments and a recession I would not invest in it now in any shape or form, although I have in the past and profited by it.

Re: Which stablecoin is better?
 

A lot of people actually use it :)

Re: Which stablecoin is better?
 

What scam are you talking about? Please tell us more. Please note that I am talking about holding funds, not investing.

Re: Which stablecoin is better?
 

USDT is better now. And you can exchange it or withdraw on many exchanges.

Re: Which stablecoin is better?
 

USTD is what I use - downside is there is not going to be any upswing in value

Re: Which stablecoin is better?
 

for me too, USDT is the way to go! ;-)

Re: Which stablecoin is better?
 

you mean USD T?

Re: Which stablecoin is better?
 

1 to 1 on conversion eh

Re: Which stablecoin is better?
 

USDT for sure.

I'll mainly use it just to buy BTC, it's easier to do so as well than using cash

Re: Which stablecoin is better?
 

Yea usdt seems to be the safest,
PayPal is supposed to be coming out with a stable coin lol
That's how I know crypto will be fire upcoming bull run '24
Every halving btc gets more stable so that'll be nice.

Re: Which stablecoin is better?
 

"stable" is a façade

Tether prints like the fed

Re: Which stablecoin is better?
 

DAI Token is the ONE TRUE reliable stable coin. At any point in time, without reason, your USDT or USDC can be frozen. DAI is not like that. Still on the ERC20 Chain, and just as good.

Re: Which stablecoin is better?
 

I use USDT, I think it is the most reliable for me.
Although you should always keep in mind that the problem is sometimes not the stable currency, in general it is the exchanger that goes bankrupt or closes

Re: Which stablecoin is better?
 

what about that Korean guy with his stable coins.they found him in some Eastern European country?

Re: Which stablecoin is better?
 

Re: Which stablecoin is better?
 

USDT’s popular, but ‘reliable’ is a strong word. Maybe sprinkle in some USDC, or just cross your fingers and hope for the best! As for the best network? Whichever one doesn’t drain your funds in fees!