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Topic: Could USDe Pairs be considered as a fresh Alternative to USDT and USDC ? (Read 36 times)

newbie
Activity: 69
Merit: 0
I have noticed some exchange adding USDe pair too and even going as far as offering big APR for staking USDe, might be a good alternative in my honest opinion, i think if you're uncomfortable with using either USDT or USDC you can always seek other stablecoin such as FDUSD, DAI, and USDe, and try to diversify just in case.

I'm pretty sure some of them have learnt something from the UST incident that they won't do the same mistake but who knows right.

one thing for sure if they're transparent about where their stablecoin derive the value from at least we can have some peace of mind.
The high APRs for staking USDe are interesting, it’s a good incentive, though I’d also keep an eye on whether they’re sustainable long-term. It does seem like some projects have learned from past mistakes, but as you said, there’s always some level of risk.

At the end of the day, the more options we have, the better, as it gives traders flexibility and the ability to hedge against potential issues with any one stablecoin.
newbie
Activity: 69
Merit: 0
Do you know that the best stablecoin today is USD and not USDT or USDe because any of this coin may like depegged and if you flashed back to what happened few years ago about Terra usd you would understand that no stable coin is likely to be trusted. So, if you wanna hold stablecoin then i must suggest you hold USD than any other stablecoin out there because you might likely lose them at any given time.
You make a solid point, no stablecoin is entirely free from risk, as we saw with TerraUSD. USD itself is the safest “stablecoin,” but for active crypto traders, on-chain stablecoins are essential for instant settlement, DeFi access, and global trading without banking barriers.

I get the skepticism, which is why diversification and caution are crucial. USDe caught my attention because of BlackRock’s involvement, signaling an effort to improve trust. While it’s not without risks, it seems like a step forward compared to existing options like USDT or USDC.

Appreciate your perspective, it’s a good reminder to stay vigilant in this space!
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
I have noticed some exchange adding USDe pair too and even going as far as offering big APR for staking USDe, might be a good alternative in my honest opinion, i think if you're uncomfortable with using either USDT or USDC you can always seek other stablecoin such as FDUSD, DAI, and USDe, and try to diversify just in case.

I'm pretty sure some of them have learnt something from the UST incident that they won't do the same mistake but who knows right.

one thing for sure if they're transparent about where their stablecoin derive the value from at least we can have some peace of mind.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
Do you know that the best stablecoin today is USD and not USDT or USDe because any of this coin may like depegged and if you flashed back to what happened few years ago about Terra usd you would understand that no stable coin is likely to be trusted. So, if you wanna hold stablecoin then i must suggest you hold USD than any other stablecoin out there because you might likely lose them at any given time.
newbie
Activity: 69
Merit: 0
Y’all know that Stablecoins have been the backbone of crypto trading for years, but let’s be honest, USDT and USDC don’t feel as “stable” as they used to imho. USDT raises eyebrows around transparency, while USDC’s past depegging incidents left traders rattled. So, what do you do if you’re not comfortable parking your funds in either of these?

Lately, I’ve been keeping an eye on USDe. The narrative around it is gaining traction, especially after BlackRock’s involvement. Say what you want about big institutions, but their stamp of approval does mean something when it comes to legitimacy.

Now, with BTC, ETH, and SOL trading pairs available against USDe, it feels like a step in the right direction. These pairs offer more flexibility for those of us who want options outside the usual Tether or Circle ecosystems. Plus, with some platforms waiving fees for these trades, there’s a bit of incentive to test the waters without unnecessary costs eating into profits.

That said, I can’t help but wonder if USDe will hold up long term. Will it remain resilient if the market dips or if regulatory pressure mounts? For now, i feel it may be worth exploring, especially if you’ve had your own doubts about the “big two” stablecoins.
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