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Topic: How to store 1 Million $ to Stable coin - page 3. (Read 324 times)

sr. member
Activity: 1554
Merit: 413
October 07, 2021, 01:33:54 PM
#2
...DAI, I think DAI is not safe Can lose value 1 day.
So what is your suggestion?
DAI is your best option if you're are too worried about the centralization of other stable coins. I don't think there are better options to be honest. Maybe you should read more about CDP and MakerDAO so you have a better understanding on DAI's sustainability.

Almost each new chain have their own version of stable coin so another option is to explore them.
jr. member
Activity: 217
Merit: 6
October 07, 2021, 10:51:59 AM
#1
Have a plan to sell some of my crypto, Now I can store with USDT, USDC, DAI, BUT There are serious question:
Both USDT and USDC can blacklist any address without any reason, So I dont think this is safe way to store 1 Million $ on them.
USDT is big nowdays So what If SEC Sue USDT? in that case maybe USDT lose Value.
DAI, I think DAI is not safe Can lose value 1 day.
So what is your suggestion?
.
 
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