Topic: Which one is the best stable coin? - page 2. (Read 1056 times)

Well I usually use USDT for trading some altcoins, it is the best stable coin for me, no need to look a new stable coins because USDT is enough.

At least USDT is one of those stable coins, which has enabled many users of cryptocurrency to avoid big losses in the last year's fall in the cryptocurrency market.  Those who managed to convert a cryptocurrency to USDT before the prices fell completely, could save certain positions on the cryptocurrency market.

According to best-selling author Simon Sinek, the most successful organizations, innovators and movements always start with why. In his now-famous 2009 Ted Talk, “How Great Leaders Inspire Action”, Sinek analyzed the impetus behind Apple, the Wright brothers and Martin Luther King Jr., concluding that these outliers achieved greatness because they were driven by a higher purpose.

Transcending the pursuit of profit, Sinek argues that the most successful enterprises, innovators and leaders have a clear mission that inspires action and adoption. When applied to the stablecoin market, Sinek’s paradigm reveals that few operators offer a vision beyond the basic function of price balancing. Anchor token is a new cryptocurrency introducing a truly stable peg of value for the first time on the global crypto-market. Anchor is modeled as a two-token systemconsisting of the Anchor token, the system’s currency and payment token, and the Dock Token, the systems utility token that is used to insure system stability.
Anchor token is addressing one of the biggest issues in the global economy – how to preserve monetary value over time, stabilize the value of any given currency, lower its volatility and prevent devaluation.
Anchor token aims to solve the problem of transparency, liquidity, guarantee and trust on a global scale and thus tackle these burning issues directly, with the introduction of stability facilitated by the purchase of sovereign debt as the backing for the two-token system.
Additionally, Anchor token goes a step further than other cryptos, and proposes a solution for the systemic issue of instability in the financial markets in general. We have devised an innovative and universal monetary value measurement standard, in the form of a proprietary mathematical algorithm – the Monetary Measurement Unit (MMU).

For most traders usdt seems to be more useful. The 24 hour volume says plenty of things. But, on the other hand, there is a big mass that thinks usdt is a scam and does not believe it. IMO investigate GUSD.

Mate, never look into stable coins cause we never have it but maybe we look those potential coins as the profit are in there.
We are so thankful that we have market fluctuation cause that's the only way we could generate profit rather than to have a stable prices.
Cause with this trend, we be able to buy coins at cheap price and earn profit when prices goes up. It is just simple and so I've never looking for stable coins rather than to choice unstable coins.

in my humble opinion, i think makerdao's stable coin is the best because it dosen't have a single point of failure a truly decentralized stable coin what most people need's good luck :^)

PAX been ER20 is more easier to carry about or more easily transferable so i personally prefer that than most others Plus there is no need for separate wallet or anything With Exchanges these days I think having some of your funds with you is actually safer

BCH is one of the really good stablecoin to invest because in the regular intervals the development and stability is more stronger every time so investing on stable currency is always good for your future.

Exactly somehow stability is crucial if we were to hedge or preserve value of investment portfolios
I mean we don't want something just drop too fast and wipe off some of our portfolio value
So yeah its good to have stablecoin imo

Stability of a coin really matters a lot too, because only a stable coin will be very good to hold as store of value, that is why gold is still very reliable for use as store of value, now that we have a digital asset system that can serve as store of value, which is even one of the core value of Bitcoin, and until we have stability of a coin before it can be useful for that purpose.

Most of those coins that are still developing are just good for investment purpose alone and cannot be reliable for payment or holding for store of value because of their volatility that will make the investor scared of putting money in them for savings purpose.

USDC seems pretty great there
A Coinbase issue stablecoin with regulations behind it

But anyhow they said DAI is the best, but it is kinda complex for me

i don't like stable coins, but since blockchain wallet let users handle PAX, then for me that's my fav. I remember when there was only one stable coin called USDT, and i fun to see how now days there are tons of it. Money grow in trees now days, lol.

I strongly believe that it is worth it. Masternode update was one of the things that really encourage me to invest in FTO

We still have to wait for release date for this masternode update. Let's hope it will be worth it

Yes, I see a huge potential of FuturoCoin. I've heard that FTO is going to update their masternode system and it seems really encouraging.  I also believe that Dash will be growing. To me, FTO and Dash are the most promising cryptocurrencies this times.

USDC and USDT are quite stable coins, as many of you said here before. But to me, stability is not totally positive characteristic of cryptocurrency. I would rather look for cryptocurrecies which are still developing. Risk is part of this business. I prefer cryptocurrencies like FuturoCoin which is quite cheap but it is rapidly developing nowadays.

yes definitely the stablecoins need to be stay for longer time and I think your point was definitely true in this statement because this investment stay for the future also to get stable investment

Difficult, but I would say on balance USDT is the best. Mostly because it has big markets. Yes it has struggled to maintain the dollar peg on occasion, and yes it seems to be continually mired in controversy, but... it is still there as a top 10 coin, still at or around $1, still has big markets.

The standard advice not to keep your coins on exchanges applies to USDT as well though, a stablecoin isn't 100% safe, it's still crypto wherever you store it, and there is no cast iron guarantee that the coin will always remain stable.

In my opinion, it will go for USDT. We can easily analysis the coin. Price is so stable that we can't see such kind of stable for others coin. TUSD and PAX also in the list. Both of the coins are near stable..

USDC and USDT are probably the most stable coins. The prices of these two coins are almost the same and I see USDT a little superior. But if talking about coins that are stable and make big profits is Bitcoin. Currently, the Crypto market focuses on increasing the price of Bitcoin.