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!