Topic: 💲💲 Stable Coins?? 💲💲 - page 8. (Read 1722 times)
I have been using USDT since I joined the market. It's not that I don't like the remaining stablecoin, just the altcoin I trade has a better volume at / USDT
I usually use USDT tether because it has been trusted by many people. and it is very safe to save long-term to protect our assets from fluctuations.
For me tether rocks,they have few issues with wallet compatibility in the past but its been fixed now and almost all available exchanges supports tether too so its good for a full time trader like me
Tether because it's the most popular stable coin in the market but I'm not using it regularly because just like other people, I'm not a fan of stable coin.
I like to be old school, when I feel BTC is falling, I like to transfer my money in altcoins but this time not trading more often anymore.
I like to be old school, when I feel BTC is falling, I like to transfer my money in altcoins but this time not trading more often anymore.
I prefer USDC over other stable coins like tether,I don't like how tether is spread across other blockchain s like tron and btc but I'm looking forward to USDQ from platinum fund i think it will beat others
In the past, I used TrueUSD and Tether, but on the advice of a friend I refused TrueUSD. Sometimes I use it in trading, but I only keep funds in Tether.
Not a fan of stable coins and never used any of them from the very start of my journey in cryptocurrencies. I've known the usage of it but never done it until now, I guess if time and situation permits I'll try to use it and what it feels like to own a stable coin. The price isn't moving and you are like actually holding a dollar on your hand. If technically I became an expert in trading few years from now, I guess that I'll use it on my daily trades to save my profit.
What Stable coins you like and use?
I don't like and I don't use stable coins. At least not directly.
While normal cryptocurrencies are about not trusting anyone, with stable coins you have to trust the issuer, which, especially in case of Tether is problematic: no proper audits, a lot of bad news over time, quite a lot of fluctuations in the price.
Yes, stable coins have their use, from arbitrage to various services. That's why I said I didn't use stable coins directly: I may have been using services that use stable coins.
From what I see stable coins may be used by some companies for interfacing crypto payments with fiat world.
Unfortunately they can be also used for bad things, especially if they are not backed by the amount of "hard money" they should. And, sorry, but until this issue is 100% fixed, stable coins are generally more bad than good for the ecosystem.
What Stable coins you like and use?
Please write your experiences, advantages and reasons you use or don't use them.
Please write your experiences, advantages and reasons you use or don't use them.
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