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Topic: What is the best USD stablecoin? Tether, USDC? - page 2. (Read 649 times)
Stable coin should be also stable in long term, coins pegged to dollar 1:1 is not a warranty of stability. There are some coins that are pegged to golds or diamonds that should ensure stability for a very long time .
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I've always used Tether to hold my positions, but never for a long time as you wish, it's an interesting question, and I have to say I'm not comfortable to use tether for a long time, because we always heard something about tether
But tether is the most used stable coin, large volume, almost all exchanges have tether listed, so it's seems the best option
Obviously you have to read news sometimes to see if everything is ok, even if you'll hold for a long time
But tether is the most used stable coin, large volume, almost all exchanges have tether listed, so it's seems the best option
Obviously you have to read news sometimes to see if everything is ok, even if you'll hold for a long time
I love the idea of decentralized cryptocurrency, currently we have only one decentralized stable coin on coinmarketcap: DAI.
But, i have heard that next one is coming USDQ, do you think that they can achieve the stability?
But, i have heard that next one is coming USDQ, do you think that they can achieve the stability?
If you wanted to store USD on your cold storage for, let’s say one year, which stablecoin would yo trust the most to still be worth 1 USD in a year?
I ask because I simply don’t trust Tether. I think the day could come where it is either regulated out of existence, or it’s lack of USD reserves causes it to crash and burn.
I’m thinking USDC is the best way to go, because it is backed by a real US company (Coinbase) which has had real longevity in crypto. It can be stored on a ledger nano in my ether wallet. I just feel like it’s going to be around in a year, it’s Coinbase.
Any thoughts or advice?
I ask because I simply don’t trust Tether. I think the day could come where it is either regulated out of existence, or it’s lack of USD reserves causes it to crash and burn.
I’m thinking USDC is the best way to go, because it is backed by a real US company (Coinbase) which has had real longevity in crypto. It can be stored on a ledger nano in my ether wallet. I just feel like it’s going to be around in a year, it’s Coinbase.
Any thoughts or advice?
I do not understand why all the diversity and new projects in this industry? We have TETHER for many years, it works and has long established itself as the most reliable project. I trust only him, he has almost all the exchanges!
if I still use USDC because for Tether the transaction costs are quite expensive because the blockchain uses omni while USDC still uses ethereum and it makes the cost still quite affordable, but Tether is slightly superior to USDC because it has a very large volume
these steyblekoinov divorced as dogs uncrowned, to assess which one is better, you just have to look for each situation, how much is the conclusion, and whether they are on another exchange, while the most common Tether 
if I still use USDC because for Tether the transaction costs are quite expensive because the blockchain uses omni while USDC still uses ethereum and it makes the cost still quite affordable, but Tether is slightly superior to USDC because it has a very large volume
Both have auditing issues so I'd better choose DAI.
If you wanted to store USD on your cold storage for, let’s say one year, which stablecoin would yo trust the most to still be worth 1 USD in a year?
I ask because I simply don’t trust Tether. I think the day could come where it is either regulated out of existence, or it’s lack of USD reserves causes it to crash and burn.
I’m thinking USDC is the best way to go, because it is backed by a real US company (Coinbase) which has had real longevity in crypto. It can be stored on a ledger nano in my ether wallet. I just feel like it’s going to be around in a year, it’s Coinbase.
Any thoughts or advice?
I ask because I simply don’t trust Tether. I think the day could come where it is either regulated out of existence, or it’s lack of USD reserves causes it to crash and burn.
I’m thinking USDC is the best way to go, because it is backed by a real US company (Coinbase) which has had real longevity in crypto. It can be stored on a ledger nano in my ether wallet. I just feel like it’s going to be around in a year, it’s Coinbase.
Any thoughts or advice?
if in my opinion USDT (Tether) is better than USDC (USD Coin), because the volume of USDT (Tether) is higher than USDC (USD Coin) and that proves if more people prefer to use USDT (Tether) as a transaction, so that makes USDT (Tether) is the best USD Stablecoin for now and until the following year.
I used both coins and never thought about it. Most likely I would choose USDC. I think USDC is simply more reliable for long-term storage of the dollar.
All stable coins have same value but I prefer USDC ,the last time I tried to use USDT I got confused because its not on a single block chain, there is USDT on erc20 and btc omnilayer
There are so much stable coins on the market now, that all have the same function and it is pretty difficult to decide which one you can trust. The oldest one is obviously Tether, but they have some image problems, so USDC is the better choice for now.
I used USDT for a while. Just because it is the most used asset. I have no preference for any stable coin. I have not studied this in detail. So, given the history of Tether, we will not be provided reliable information in the near future.
Usdt has the largest volume and use at the moment so that is one aspect to watchout for while usdc and some other with reputed companies or names behind can be deemed more trusted, so it is your own choice which stable coin to choose.
Tether is not a fully decentralized cryptocurrency and there have been some scandals in the past with bitfinnex so i will go for a fully decentralized stable coin on the ethereum blockchain.
The best stable coin is TRUEUSD in my opinion.
The best stable coin is TRUEUSD in my opinion.
I think no one has a general difference between all stable coins, for me it's the same and won't change every year. If you don't like Tether and prefer USDC, I think it's natural. But do you save or have you bought PAX and TUSD? I prefer USDT to enter and do trading in Digifinex. Thank you mate.
even now I have only tried to have USDT and not for other stable coins. although it does not have a significant change in value, but a good stable coin asset is used to save our money if the market conditions are corrected as it is now.
I think no one has a general difference between all stable coins, for me it's the same and won't change every year. If you don't like Tether and prefer USDC, I think it's natural. But do you save or have you bought PAX and TUSD? I prefer USDT to enter and do trading in Digifinex. Thank you mate.
I am a new in trading i used tether.For storage i think Tether is the best choice.Actullay i have not more technical knowledge still now.But i see Tether ranking top than USDC .So I used it.
Actually the best stable coins are either Gemini Dollar or Dai, depending on your crypto philosophy.
If you want a truly stable, regulated and fully compliant, backed by funds audited and insured stable coin, then Gemini beats all others hands down.
Gemini exchange and the gemini dollar is fully transparent with their auditing and certifications and are fully backed by SEC.
It is by far the best regulated stable coin our there.
But if you don't like the idea of regulation and are a believer in decentralization, than go with DAI.
It is the only stable coin maintained through a DAO and so far it has proven that it can be stable.
It is fully backed by huge trustworthy devs and has a passionate community as well.
If you want a truly stable, regulated and fully compliant, backed by funds audited and insured stable coin, then Gemini beats all others hands down.
Gemini exchange and the gemini dollar is fully transparent with their auditing and certifications and are fully backed by SEC.
It is by far the best regulated stable coin our there.
But if you don't like the idea of regulation and are a believer in decentralization, than go with DAI.
It is the only stable coin maintained through a DAO and so far it has proven that it can be stable.
It is fully backed by huge trustworthy devs and has a passionate community as well.
We've got more number of stablecoins to invest, in specific these stablecoins gets much used on trading as there won't be big change in the value. I personally prefer USDT for my trading needs. Falling we're gonna get another stablecoin which is gonna get used in large scale from facebook. Some people have stated there is no need of stablecoins, these stablecoins make cryptocurrency network stronger in my opinion.
I'm kind of used to Tether. I didn't think much about the differences stablecoins. The main thing that they were all really stable in relation to $.
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