Topic: stablecoin - page 2. (Read 498 times)
There are lots of stable coins in the market but none of them are 100% reliable mainly because of the centralized nature and they can mint new tokens at any given time so in my opinion if you are planning to hold a stable coin for a long time then don't because they are only good for short term hold.
What I know about stablecoin includes the altcoin of USDT, USDC, and TUSD as well as another one that will appear in the next year, namely USDQ, because now the USDQ is being developed by the team and the bounty is still active today, if indeed interested can be followed, because of its potential there is.
You plan to buy? I don't buy stable coin but I think the reliable ones are those backed up by a legit company.
Like USDC and GUSD.
Like USDC and GUSD.
What is a reliable stablecoin?
Most are very reliable. Most of people used USDT but i can suggest you use USDK, USDC, PAX, TUSD,...About USDT: They have a lot of recent clutter, but you can still use them
About USDK: They are created on the OKChain platform, protected by the top exchange is OKex
Hope some informations can help you!! Goodluck bro!!
I mainly use USDT because it's the major evil I can trust for the main time. While some experts say it could crash, so because of this prediction, a friend of mine rather leave his fund in btc or eth, or at worst sell for fiat.
Stablecoins will never be affected by BTC prices or other altcoin prices, if you have profits when trading, you can change them to stable coins, there are always increases and decreases in the crypto market, there are many stable coins that support fiat, USDT and Binance plans to make stable coins supported by pound sterling.
You can visit platinum QDAO StableCoins if you want to get to know more and see how they can manage stable coins that are supported by Fiat currencies such as dollars, yuan and much more
You can visit platinum QDAO StableCoins if you want to get to know more and see how they can manage stable coins that are supported by Fiat currencies such as dollars, yuan and much more
What is a reliable stablecoin?
a lot of stable coin in the market now,
but i always convert my bitcoin and altcoin to USDT or tether when i predict the price of bitcoin will down my friend
I think there are no stable coins all of crypto coins get moving for pumping and dumping there are no stable price in the market that you can invest on. Even cents are moving on their price and even USDT also.
What is a reliable stablecoin?
All of the stable coin that really backed by the dollars or another collateral that makes it stable. I put an exception for tether to be included in the reliable stable coin's list because it's crap and full with manipulation. USDQ, TUSD and USDC are the best 
What is a reliable stablecoin?
a lot of stable coin in the market now,
but i always convert my bitcoin and altcoin to USDT or tether when i predict the price of bitcoin will down my friend
Stable coins are only for using to buy other cryptos. Don't buy too much stable coins and keep it as a stored value. Now almost all exchanges are using stable tokens to make a very big trading volumes in their exchanges. Tether mints unlimited amount to pump bitcoin prices, which is controversial , which does not make sense . I mean stable coin still comes as crypto token , if there s not limit in its supply then what will be difference between USD and stable coin? Both are minted fresh with unlimited amounts and ultimately it destroys the core value
You can VOTE here
if you use stable coins, and post feedback please:
https://bitcointalksearch.org/topic/m.51869794
if you use stable coins, and post feedback please:
https://bitcointalksearch.org/topic/m.51869794
Pretty much no stable coin is reliable as they are centralized. They can be backed by all sorts of assets: fiat (USD,EUR etc.) gold, real estate... you name it ! Problem is the entity that controls them can mint (issue) any amount at any given time (pretty much that's the main reason for all the controversy behind it, as dkbit98 mentioned)
But at the end of the day they serve their purpose.
Why are you asking? Their not worth investing in, thus the name "stable". You just use them to buy other crypto. And for that you can just head in your exchange of choice and use what ever "they have on stock": USDT, TUSDT, DAI and go crazy!
But at the end of the day they serve their purpose.
Why are you asking? Their not worth investing in, thus the name "stable". You just use them to buy other crypto. And for that you can just head in your exchange of choice and use what ever "they have on stock": USDT, TUSDT, DAI and go crazy!
you can see more information on a very good exchange there is a coin rating by class, please take a look at this and have more experience
https://www.southxchange.com
https://southxchange.freshdesk.com/support/solutions/articles/36000132616-what-are-the-coin-classes-
https://www.southxchange.com
https://southxchange.freshdesk.com/support/solutions/articles/36000132616-what-are-the-coin-classes-
What is a reliable stablecoin?
None of them is 100% reliable.
Most of the people use USDT Tether, but there are a lot of controversy about it...
Libra Facebook coin will have that function also in future (100% centralised and controled by Facebook and richest companies).
Nice article about this topic:
https://cryptopotato.com/what-are-stable-coins-the-complete-guide/
What is a reliable stablecoin?
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