Topic: What is the best stablecoin right now? (Read 494 times)

I agree! The best stable coin is USDT. The reason is that USDT is kind of the same with fiat money. However, I hope you not just invest your money into a stable coin and just leave it that way. You should allocate your money to different coins which you think can create profit.

I agree it is very difficult at this time to find altcoin which is really stable. because we know all altcoin is still dependent on bitcoin and we know that bitcoin a few months back to the present, can be several times down and up, which affects the stability of altcoin. maybe that can be used as a handle if I look at the movements of course I mingle with LTC, XRP and obviously ethereum is still the best.

The crypto market is so volatile and that's why it is hard to always remain stable, also a lot of people think USDT is a stable coin but still I think it would be Tether. Because as compared to other coins Tether has shown or has been showing consistent stability towards its behavior. That's why most of the investors would still go with Tether over USDT.

The best Stablecoin is Tether (USDT) as it is most popular in the world and known for it's 6th month valuable digital asset.  It's a fait collateralized asset that backed by the dollar.
USDCOIN it is a fait collateralized Stablecoin and pegged with 1:1 dollar. It is available on more crypto exchanges . based on Ethereum Blockchain, issuers also maintain the financial services company Thornton as auditor.

usdt has a huge trading volume and for the controversies around it, I am still amazed it commands such huge volume especially with respect to the fact that its backing is ambiguous on like usdc and busd backed by dollar

None of the stable coins can be trusted for long term as different exchanges have different USD coins. I Prefer USDT and tether but i never keep my funds in them for mid or long term. I just use them for trading with BTC pair.

There has no stable coin in the world. But if you ask me which coin is comparatively stable, I say, USDT. Yes, your fund will get low risk if you invest in stable coin but there has very less possibility to gain profit. If you want to only invest and hold your fund, your decision is correct. But if you want to make profit, you have to take risk and invest in volatile coin like bitcoin, ethereum etc.

Usdt is the best stable coin presently, I read on the news day ago that it's now the third best rank crypto coin presently, if you are the type who wants more security or anonymity then I suggest you find decentralized stable coins e.g Dai

USDT is the best stable coin but many of here doubt to store funds in this coin because it is not safe. I guess it is not recomendable to store funds in the long run but it is useful for trading cryptos.

I think this 3 is much supported by the majority but of course i am for DAI since tether is performing very neutral and has not been dominating the market though it already reached number 2 position yesterday yet not enough to be paid off.

Gemini on the other hand is good performing since the start  of 2020 and looking stronger .

But of course if you are just looking for a currency to put your funds for long term holding?

then USDT is one good option as well,having one of the largest capitalization in market?this makes your money more safe and can confidently wait for years without any hesitation and doubt.

It is obvious that till now Tether is the best stable coin and is adopted by many hedge funds. Also, this coin is evolved first in category of stable coin. But, today there are more stable coin is evolving. Among them TUSD we consider a good coin after USDT.

I know stablecoin is only USDT. Is there have any stablecoins others USDT ?
If stablecoins gold only know GOLD (Digital Gold/Gold Storage).

Well, I think that after reading all the opinions and checking that link you gave me, I will choose DAI. I like the fact that it's not a government-watched Cryptocurrency, though if Ethereum plummets like March, I'm a little scared of what might happen to DAI.

You can check this sets

- Tether (USDT)
- TrueUSD (TUSD)
- MakerDAO (DAI)
- Paxos Standard (PAX)
- Gemini Dollar (GUSD)
- USD Coin (USDC)

Heres the Link Source  https://www.google.com/search?q=best+stablecoin&rlz=1C1CHBF_enPH858PH858&oq=best+stable+c&aqs=chrome.1.69i57j0l6j69i60.6337j0j7&sourceid=chrome&ie=UTF-8


maybe there can you find what you are looking for since you seems to be very precise in your checking.

Why are there diary to record passwords and emails? That I not enter to some site for a long time, does not mean that I will notuse it anymore. I like to ask serious questions. I am not the type of person who constantly gives his opinion every day to feel sociable. I prefer to observe, read, and only ask if that can really affect me.
What do you mean exactly with '''long run'''?

Lol seeing the hugeness of USDT scares the hell out of me, am I really the only one? I have been fighting against XRP for years now, it is one of the first scam coins that was ever created but humanity somehow liked it so I guess it got a pass, however at the end of the day I have realized that people will not listen to me and it will keep going higher and higher. Now same goes for USDT and it just continues like this. I have zero influence over people and nobody really cares what I say, so I guess I will do it again with the same result.

USDT is a scam coin run by people and people could die, people could lie, people could fly, do not put your money into something that is attached to people, you will end up as the person who gets upset about it and that is why I think you should stay away.

USDT is not a great stable currency although it has more trading volume than other currencies. It often encounters trouble with auditing, about fraud allegations.

I want to tell you that there is no single stable coin available today that you will not find one or two informations on the internet regarding how it is not a good one but to the best of my knowledge, Tether still remain the best out of them.This is because it has stand a test of time and you may not need to look around before you know it is the most used stablecoin. It is better to use this coin compare to other less common stablecoin. You have mentioned PAX but it is not as frequently used as tether. In fact, binance recently delist some PAX pairing from their website.

Bitcoin, Ethereum and many more are stable. but you cant deny the fact that it is the market it goes up and down. Except you want to enter markets that they are no gains or losses.

Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities. The investors of Stablecoins make money by receiving dividends from the newly issued coins being given to them for holding the Stablecoin's shares. Investors are hoping to buy a “money machine”, which will give them newly created coins that they can then sell. stablecoins are subject to the same volatility and risk associated with the backing asset. If the backed stablecoin is backed in a decentralized manner, then they are relatively safe from predication, but if there is a central vault, they may be robbed, of suffer loss of confidence.

Huh there is a competition between stable coin to see which stable coin is the best? What stable coins to complete again each other? Saying they are with the best reputation? Ha ha, other than USDT which because it's the most widespread in usage and the oldest so cryptocurrency users are maybe willing to tolerate it, other than that, none. That it.

I prefer to use USDT because this coin is considered to be fiat and always holds the value of 1$ regardless of any market fluctuations. Very few people choose DAI because this coin does not have a lot of support exchanges, so you will have a lot of problems while holding.

Of course, everyone will have different options, but I will only use USDT for trading.

you are almost 3 years that do not enter this forum, it is many years, how did you not forget that you had an account in this forum?


I'm going to talk about my point of view and I'm not a professional. I didn't really understand what you mean by "professional point of view"



Stablecoin are not meant to hold funds for the long term, you need to analyze that. If you don't want to invest in something then keep your money in the real world (keep your money in your bank). The stablecoin in my opinion serve to make day trade. For example the price of bitcoin is falling, so you exchange bitcoin for stablecoin and when the price of bitcoin drops a lot you buy bitcoin again and wait that bitcoin will rise a lot for you to sell and you will be at a lot of profit. But never make the mistake of using stablecoin as something long run


I use Tether to do day trade, if you use it that way you will have no problems


just don't forget: never use stablecoin for long run, if you use stablecoin to do day trade you will have no problem

What gives me concern is that despite all the rumours about USDT, it is still leading among others which shows that many people are still using it more than others. To be frank I have had no issue using USDT till date and with its level of growth I do not think it can suddenly cease to exist nor stop growing when they have gotten this far. Nevertheless, in my opinion, it is not wise investing in stablecoins for long term because it doesn't grow, I mean what's the essence of having an investment you won't benefit or profit from? Therefore I think BTC would be better in this case but if you still want to go for stablecoins, then USDT is better too.

Even though the best stablecoins now are USDT, even USDT volume is above bitcoin. But if based on your point of view, USDT is not the one
best, because USDT is covered in dollars. I have no problem with your opinion, then I will recommend DAI. Although the volume DAI is not
as high as USDT, but DAI is a reliable to use.

The main thing should be how much exchange sites who have accepted the stable and tether is still leading the stable coin market as the best stable coin because it has already accepted in almost all of the exchange sites.
I always use USDT and this is a good stable coin. Huge liquidity, all market accept it and it has a very good trust from the community

DAI or USDQ, do not trust the centralized one, like Gemini, USDT or USDC. You never know when goverments and banks start fighting with them because these companies are creating their own money and that is illegal! 

Now that you have a lot of answers. It's time to lock this thread. 

Thank you so much to all by the answers 

Actually DAI is not so volatile, someone who says that is a fanboy from Tether.

DAI is often valued at $ 1.1, but now it remains stable at $ 1

l don't think there can be some better stable coins other Tether, that is why Tether is really most popular and reliable. But that is the question of what is your goal, l mean if you looking for some coins, which you will invest and want to make a profit. l can see you, but it is just a stable coin, you will not invest in it. You can absolutely prefer Tether. But more than that you must consider in BTC halving, that is why there is not any profit from stable coins, but if you are long-term investor, must absolutely BTC.

Agree with that, but if you are a long-term holder, you might consider investing Bitcoin, not stable coins.
It was USDT/Tether is the first choice of many since they know that the risk is very low unlike what other cryptos look like.

Stablecoins don't have that strong volatility and therefore, we can be able to predict what will be the price in the next days. And that is also why we consider the risk of losing our funds is low compared to Bitcoin.

It's just that USDT is pretty much the first stablecoin and it has the highest liquidity that's why most people use it, and mostly becausae it's what most people are used to without actually knowing the risks they're taking.

If anything, I'd trust Paxos a bit more as while we can't 100% know for sure if it's backed, it's a lot more likely compared to USDT in my opinion(due to Tether's  reputation and past shoddy actions).

Per experience, I will vouch for USDT. It has the largest cap among the stable coins on the market. USDC is also good but if you're thinking of investing, then stable coins are not the choice. Stable coins are just safe haven for investors and traders especially during market seasons where a trend cannot be predicted.

Wherever you invest there is a chance that your money will go. The main thing is not to invest on the exchange. Wallets are opened on a tip, if no one knows that there is a lot of money in your wallet, then who needs you?) Open a wallet with only $ 10.

I don't  like any of those designs.
A true p2p decentralized stable coin with zero points of failure will be Bitbay.

It's a very old project that is only now coming to fruition.
It also has super strong and efficient unbreakable contracts.

This is the one I prefer one that is really decentralized.
The awareness and marketing is shocking. Typical of a brilliant dev heavy project.
They need to fix that.

If the reference is market capitalization, then USDT is the best choice.


Even though it looks safe because of low volatility, holding stablecoin is quite risky because your funds can be frozen at any time. Not only USDT but also other stable coins. So consider again, if only for a while, as one of the trading strategies, then it is no problem using a stable coin. The important thing is that you really understand this risk and good suggestions from mk4

I would still go for USDT, you've already mentioned that most of us are using it, so though you think it has a bad reputation, the fact that a lot of people are still using it, that means something, something that they trust because they believe on USDT more than the other stable coins.

as you can see, there is an increase of demand. https://news.bitcoin.com/stablecoin-market-caps-7-billion-volumes-most-pairs/

And what's your opinion about Paxos Standard and about DAI? Paxos is getting accepted in a lot of sites

I also think that the best stable coin is USDT. It is on any exchange and it is the most famous, like Bitcoin. I also use this coin.

If other exchanges should decline the use of USDT, it will be of no relevance as we have today. More so, USDT has got a lot on controversies and pending accusations about their lack of transparency when it comes to auditing. They printed more, yes, but where are they using ti back it up.
What made them be ahead of others is because they are the first, just like the first set of cryptocurrencies that were launched. At a point, people wanted to lose trust in USDT and were afraid if exchanges were going to delist them. I think there were lots of FUD at that time.

Right now easily USDT because they are basically everywhere, all exchanges trying to mimic what bitfinex did and what tether did but it is not getting as much attention as USDT right now.

If am not wrong tether had to print out another 600 million dollars! worth of usdt more during this corona virus period because many people sold their coins but they went to USDT instead of directly to fiat because they believed the time to go back into crypto will be soon and they didn't want their money to stay at fiat at banks in case this corona virus protections of governments could affect banks as well and they wanted to stay at USDT instead and own their own coins. However one thing is for sure, there is a ton of money to be made from this, so I am expecting some huge companies to get into it as well.

Particularly I can't hold some good numbers of stablecoins in my possession because of their side effects when it come to cryptocurrency volatility. The rate at which many of these stablecoins can crash is always unbelievable. Sometimes last two years when I decided to hold some stablecoins in my portfolios but unfortunately many of them went down to the drain and I started to count my losses. Even some of these stablecoins aren't recognized by what they're backed with, so, let's be very much careful to choose coins to hold and to invest.

What means suspicious activities? Large amounts of money could be cause for freezing? Because in my country, with the government issue, they block your bank account when you have a lot of funds that in theory you have not '' 'justified' ''. There are many people who do not justify Internet earnings, because they charge 50% commissions. In other words, you can spend 5 years making money online having invested only $ 10, and then you try to withdraw $ 20,000 from the bank, and the bank gets $ 10,000 commission, and that happens in my country. So what many people I know do is withdraw with cards given by some payment processors or Internet wallets, or withdraw little by little every month. It's so sad, if there weren't that many rates, people wouldn't do these '' 'tricks' '', but the way they abuse is unfair.

I thank everyone for the answers. I have seen that there has been a great debate between the USDT and the DAI. I honestly do not like the USDT, since I learned that there is only 73% liquidity, I have preferred to stay away from that Stablecoin. It can be popular and widely used, but that does not mean it is the safest. I am now between DAI and PAX, at the moment PAX has always been a good option for me, but the issue of freezing funds is something that has concerned me, and about DAI, you can explain to me better what you mean about the price is very volatile? I believed it was stable being backed by the dollar. And another thing, is there a Euro Stablecoin? Because I think that for most of us who are European, perhaps that currency can benefit us, or perhaps not, although the dollar is always a pain when it comes to conversation. About Stablecoin GOLD, I find it interesting, although I am not entirely convinced.


I am looking for more trading by making exchanges between Stablecoins and Cryptocurrencys, because of the speed, the few commissions and above all the power to do it from Cold Wallets. I used to use official Exchanges and Hot Wallets like Binance or Xapo, but after the hack that Binance suffered, and that a friend of mine lost $ 300,000 in Blockchain due to a hack, fear entered me and I preferred to stop having money in Exchanges and online services . I saw Stablecoins as an opportunity to be able to store coins in times of high price in Bitcoin like now, and then pass them back to Bitcoin when the price drops. Having Fiat money and entering it by bank transfer is not an option for me, since then entering it again and withdrawing it will charge you commissions, and there is a lot of slowness, and there is the problem that you depend on third parties, and your account can be hacked. I prefer to sell the money when I am sure that I will be a long season without trading, that's why I saw the issue of Stablecoins as a good opportunity not to depend so much on the Fiat.
 

There are lots of good stable coins, but the truth that there will always be a complaint about most of them if not all. There are things you will use and not have problems, but others will make use of it and have problems. So, sometimes I don't really consider things like these, I just do my research on the coins and check out their features and other necessary things I'm meant to check. And once I confirm that they are really good, I start investing and making use of them and I don't have the time to be asking around.

Tether, and there are still people making use of it. Then as for PAX, I don't think your funds will automatically be freezed just for no reason, except there are some suspicious activities that you're into. If you stay clean, then you wouldn't have any problem. Your choice.

Obviously, USDT is the largest stablecoin in this market and many people are using it. It is certainly the best and safest stablecoin for everyone to trust and use

For long run I'll start with advising against USDT, since it doesn't have a proper audit and there's a huge chance it's not properly backed.

My advice is to check the background of each and every stablecoin until you find a few good options.
If you want to stay on USD related stable coins, Gemini's GUSD could be an option (although there are not that many exchanges accepting it).
But you can also look at GOLD token (Digital Gold), which is stable against gold. If you want to research, you can start with https://bitcointalksearch.org/topic/ann-gold-first-100-liquid-stablecoin-backed-by-gold-5161544.

However, whatever advises you get (including mine!) DYOR since it's your money.

Knowing fully well that we all have different opinions and mindset amongst others, it is notable to know that there's several choices. Stable coins can br usdt, tusd, busd, pax, gold, or dai.

For some individuals, Dai is the best
For some individuals, Tusd is most preferable, some adore usdt

The best stable coins for me is tether, but I don't think if it is good to store your funds for long there, some people has negative view of this coin. If you still not convince to store your money in stable coins,  I guess you better go USD digital money like paypal you know.

There are many good stablecoins created over the years, but to choose the most stable and the highest volume, you should choose USDT. It was the first stablecoin and it still works well for the time being

Cryoto is really volatile and there could be days when you see a good rally happening and at days when market fell badly as well. Volatility is a part of this crypto coin and such stability would not be seen for longer time. Though BTC has being doing good for a while now inspite of the halving it did not jumped or fall very high and slowly rising towards 10k levels.

Tether will still be the best stable coin in my opinion, especially since Tether is still in the top 5 according to coinmarketcap,
tether have more volume than other Altcoins shows that Tether is the trader choice for stable coins

I am sure nobody would like to hold huge amount in stable coins for long time and it may be reasonable decision at all, but for temporary purpose usdt and dai can be best options especially trc20 usdt so If you have any strategy regarding this then you may consider to chose these stable coins.

I understand that you want to invest in a stable cryptocurrency in order to share your stock in different sectors of finance. Cryptocurrencies are very volatile, so this is not the best choice. Better to invest this money in gold. If there really is a non-volatile cryptocurrency then this is super. I will follow this topic to see it.

Although many people have made the USDT recommendation, unfortunately I will not make the USDT recommendation, because if we examine the past price movements of this cryptocurrency, we will see that the price was not stable during the times when the market was bad. In some cases, the price exceeding 1 USD has fallen well below 1 USD in some cases and has reached its normal value again in a short time. Also, the only advantage of the USDT project is its high transaction volume. There are many stable cryptocurrency projects that are more successful than this project. My preference and suggestion will be PAX or USD-D.

One of the best stable coin that you can use is USDT, that is the most stable coin as far as I know, but if you were not convinced by it, then I think this is the great time for you to use a real USD and for sure, fiat money is the best for you because it is stable compared to cryptocurrency.

How long you plan to keep them? if you don't like the issues that's being faced by Tether, I guess that your choice depends on the duration of how long you plan to keep your funds with a stable coin. That scenario that happened to Tether can also happen with USDC and other stablecoins like GUSD.

This does make sense but most of those popular stable coins do have liquidity.

USD as the popular currency all over the world.
USDT of course in the crypto currency field.

I guess that is the real purpose of it.
They will acquire a lot of supporters by using the name which had been famous for a long time.
And now look at it just moving in cents from $1. We could conclude that the experiment is successful. 

Until we are having a decentralized stablecoins, we cannot assume there could be any problem-free best stablecoin is available to make use. I mean no stablecoin can be classified as best as of now but we can make use of tether kind of long running thing for short term trading. But, do not save it like your fiats for years, anything may happen at any time like governments may seize the stablecoin company itself or the stablecoin company may go bankrupted.

As of now, I am making use of tether for my trading and I do not face any problem in using it but I suggest anyone to "use" stablecoins on their own due diligence because for your risks, you only responsible forever. I am expecting any decentralized stablecoin to hit crypto space some time soon but not sure what is actually going on after some pre-ANN happened on this forum itself.

Personally never used anything except USDT and USDC. But as per USDT it truly has a 'shady' reputation so maybe it's not that good as it used to be. Also, its widely known China used USDT to withdraw funds from Russia. Makes sense, ain't it?

Most of them are centralized you may need to avoid them. But I just wondering, for what purpose you need stable coin? Is it just to store your money? Or trading purpose? If you just keep your money for trading purpose I think you are safe because you are not enterely use money fiat you trade. But I don't think it would be good if you choose stable coin for long term saving you may good to use bank service to do that instead of cryptocurrency.

There are shady things we don't know about stable coins. They claim to be backed by USD and some other fiats but we don't really know that such security values are collected and increased before companies who create those stable coins minting more of it. Whenever a minting wave of stable coin, for instance Tether USD, appear we see many drama around.

Governments always try to manage and control the game so it will be risky for us if they take serious action and apply terrible strict laws on stable coins in the future. Who knows? They will freeze and shutdown all stable coins, and force us to use digital currencies from governments.

There certainly has been a proliferation of stable coins in this industry with most developers looking to swindle funds for personal use since they know the crypto industry isn't regulated. They have have the opportunity to do just about anything. However, I still think the most recognized and recommended stable coin is the Tether USDT. Not only is it the most used stable coin as evident in its trade volumes and position on CMC, it has become the most trusted stable coin amongst several others in market. Several traders have also stated that they are much more comfortable with Tether against others.

Not all stablecoin are based on fiats, there are some stablecoins like GOLD that you might check out. They've been running for almost a year now and they've been doing great on the project and the community. They also have real gold stored that you can 24/7 check in their website. The token supply also goes 1:1 with the gold stored in their vault so I'd say they are going for a long-term run.

Always remember though. There's no best stablecoin, there's just convenient one that will suit your need.

In term of valuation and demand USDT is much better than DAI but we can't sure whether DAI is free from the backdoor.

I have different opinion than you, this time USDT is the best stable coin even some people may prove it if that can be frozen too but how about the liquidity?

If i am analyze, you are interested and want a light and reasonable explanation abaout "What is the best stable coin at the moment". I also agree with  answers has been given like above and if I can add another reason is:
1. All can receive USDT and have traded with the same value as fiat money;
2. The principle of cheap, fast, safe and comfortable is a strong blockchain-based magnet;
3. This is inseparable from the stable volatility of dominant price.

For This Moment Money is used to make money.

There are pros and cons of every stablecoins. DAI/SAI are one of the transparent coins that regularly maintains the supply and has enough crypto as collateral. All of which can be easily verified. Though highly being depended on crypto prices may bring trouble if the crypto had a flash crash.
Other USD coins are also are backed by collateral and are as good as any if all you are doing is using them to trade.

I'll go with the highest market cap for now, which is USD Tether.
But I started also to be intrigued by DAI of MAKER which is also a stable coin under maker, which runs under the Ethereum network.
I also love DAI because you can use it to the Maker CDP, which for example you will borrow a stable coin which here is DAI, and you will have some collateral, like Ethereum.

I never really said that DAI is "fully decentralized" though, because it really isn't. At best, it's non custodial. But then again, it has it's own downsides. It fluctuates in price a lot more than a stablecoin should, and it's sort of "ETH backing" structure could easily implode when prices of ETH and MKR significantly drop due to things like black swan events.

But yea, unfortunately most people think cryptocurrency = decentralized. Even if Bitcoin is the only one that's actually fairly decentralized(yes, even ETH is centralized).

Whoa so looks like beside some Stablecoins that listed on your linked thread basically DAI It's a good option since it can't freeze our asset and fully "Decentralized"? I though stablecoins like USDT, USDC, etc was fully decentralized, Really mate thanks for this one, This was new for me.

Anyway OP i think USDT was the best option but it's better to take a look linked thread above, Cheers mate.

yes, that's a very good piece of advice. as stable coins are controlled by centralized organizations, they have the full control on what direction they will be heading to. also, even USDT for me is not a safe stable coin especially for long term holding. at one point, they admitted that USDT was not fully backed by US$ reserves, so how can you assure that they are now being totally honest with their assets? what I am trying to convey here is, just be careful in dealing with stable coins, they might collapse anytime and you should be prepared for that situation.

Just a heads up, whatever stablecoin you use(besides DAI/SAI, but I don't suggest holding that either because it has it's weaknesses), they can be frozen even though you're holding them in your own non-custodial wallet. The safest is to just hold legitimate USD instead.

You might think, yea sure most stablecoins are doing fine right now. But it doesn't automatically mean they can't do anything that could mess you up in the future, especially knowing that most stablecoins are controlled by centralized entities.

For more details about this:

PSA: Most Stablecoins Can Be Frozen, Even When in Your Own Wallets https://bitcointalksearch.org/topic/updated-psa-most-stablecoins-can-be-frozen-even-in-your-own-wallets-5204055

It is that the USDT did not quite convince me at all ... I do not know, I have not read very good reviews about it, and that is the most popular, but that does not mean that it is the best. That is why I was asking other recommendations and I want stablecoins for a very simple reason that many people are doing and that is to buy Bitcoins at a low price, wait for it to rise, then transfer it to digital USD to obtain the profits and that a possible drop does not affect you, and when the Bitcoin goes down again, then move from USD to Bitcoin, and so on. It is a comfortable and profitable strategy, and what I like the most, which is fast, since some automatic exchangers allow you that possibility or if not, why do you think stablecoins are so used by traders? I am simply trying to find the best one in terms of security and duration, I do not want surprises that the funds will be frozen or some collapse. I prefer to do things well, if not, better not to do them.

If you are looking for stable coins there is no other than great and it is only USDT.  But I have to ask a question first, why you want stable coin/s?
Because for the fact that stable coin/s won't make you profitable than those volatile coins just like  Bitcoin, Ethereum, and the rest. If you are looking at this thing (profit), of course, I will invest these coins rather than to stick my money into no moving value coins.

Having this stable coin is only having the assurance that we can't lose our money and less risk but not good for investment, unless if you are just preserving your money in crypto.

Hello,


It was a long time since I entered the forum, but today I have an important question, and I really did not find recent answers on this topic online, most are from 2019, so I want to know from a professional point of view, what's the best Stablecoin to keep funds fearless in the long run? I know that the most used is the Tether, but I have also read that it does not have a good reputation precisely because there were rumors that they only had 73% of the Thether covered by dollars, and the Paxos Standard I have also read that it is good, but two years ago I readws that the funds were frozen in the accounts of some people, and they had to show the origins of the funds, and I don't know how the situation will be right now. I think that asking is the best cure for ignorance, so I would like to know your opinion on this topic and your recommendations about the best stablecoins, thank you.