I don't get what the OP means . The name stable coin says that they are stable with some form of Fiat mostly USD . So you are not getting anything by investing in stable coins.
Yes thats right. Maybe what he meant actually is cryptocurrency. Stablecoin in my opinion cant be considered as investment if you wanted to expect some gains from it. But some stablecoin can get some rewards by holding, if you know Binance and other cex there are option to stake, or earn APR just by locking your stabelcoins there but of course the profit is not comparable to other crypto like eth, and mostly defi tokens. 
Topic: Which Stable coin is the Best for Investment This Year - page 9. (Read 1248 times)
I think stable coins are not very suitable for investing in the long and short term because increases are rare but if I am told to choose a stable coin
I prefer USDT because the USDT pair is always on the market
It's true! Stable coins are not suitable for investing at all! Stable coins are suitable for storing our capital out of the volatility of the market. The purpose of investing is to earn profits out of the fluctuations of the price. Stable coins is created to keep their value stable, how can we earn profits out of it? I think the OP is asking which stable coin is good to store capital, I would suggest USDT! I prefer USDT because the USDT pair is always on the market
Tether is still the coin with the majority of pairs and the biggest liquidity. Obvious choice
I don't get what the OP means . The name stable coin says that they are stable with some form of Fiat mostly USD . So you are not getting anything by investing in stable coins.
lol, your post got me cracking
, i guess the op is not fully aware about the nature of stable coins or he must misinterpret what he meant, whatever the case maybe, it has been said already, stable coins are not for investment rather they are mostly for preserving what you have, i think op needs to go back and do some more reading or we need to do some more reading. 
I don't get what the OP means . The name stable coin says that they are stable with some form of Fiat mostly USD . So you are not getting anything by investing in stable coins.
lol, your post got me cracking
, i guess the op is not fully aware about the nature of stable coins or he must misinterpret what he meant, whatever the case maybe, it has been said already, stable coins are not for investment rather they are mostly for preserving what you have, i think op needs to go back and do some more reading or we need to do some more reading. 
Stable coins are not for investment. It's like fiat that will eventually goes down through inflation.
They are not investment.
But the clearer thing is you're with Titan coin post.
They are not investment.
But the clearer thing is you're with Titan coin post.
I don't get what the OP means . The name stable coin says that they are stable with some form of Fiat mostly USD . So you are not getting anything by investing in stable coins.
I think the best stablecoin are those who can offered a significant option to get some profit. If you are a defi fans then you go for those stablecoin that guaranteed profits through lending and some savings featured that generate profits. Titan coin is a stablecoin? Why is it that I am familiar with the list but not heard of this coin?
The cryptocurrency industry is evolving at a rapid pace. There are numerous varieties of digital currencies now in the market. While this helps users with multiple options to invest in cryptocurrencies, it may also confuse some who are not very well accustomed to the different types of cryptos.
In this article, we will be talking in detail about stablecoins, along with some examples of the top stablecoins for investment this year.
What are stable coins?
Well, as the name implies, a stable coin is more stable in price than other cryptocurrencies.
In terms of price stability, cryptocurrencies can be divided into two major categories — volatile coins and stable coins. Cryptocurrencies like Bitcoin and ETH are highly volatile as their prices keep changing very frequently. On the other hand, the price of cryptocurrencies like Titan coin and Tether is relatively stable.
Because the price of stablecoins remains constant and stable, they are preferred for long-term investment. One can earn significant returns by HODLing stablecoins for some time. Also, there are some platforms that offer an interest on stablecoins.
At the time of writing this guide, the following are the top stablecoins in the crypto market.
1. USDT (Tether)
USDT or Tether coin was launched in 2015 as the digital equivalent to popular national (fiat) currencies like the US dollar and the Euro. In other words, the price of USDT essentially reflects the price of USD at a given time.
Because the price of Tether is linked with the price of USD and other fiat currencies, it’s more stable than any other cryptocurrency out there.
Even though Tether is an ERC-20 token, its price is very stable, which is why it is the most widely adopted stablecoin in the market. At the time of writing this post, USDT was #4 in the CoinMarketCap’s list of top cryptocurrencies, with a total market cap of over $10 B USD.
You can invest in USDT through any crypto exchange or from the official website.
2. Titan Coin (TTN)
The price stability of a cryptocurrency also depends on its constant demand. Coins like BTC and ETH are volatile because their demand is dynamic and keeps changing.
Titan Coin is a stablecoin in that the coin demand is constantly rising owing to the fact that it is backed by a strong system of use cases. In order to keep the TTN price stable, the founders have created a growing series of apps, called titan projects, that present unlimited use cases for titan coin holders and investors.
In other words, the price of TTN is stable thanks to the increasing demand for titan apps or projects.
You can invest in TTN through the exchanges where it is listed, including the official exchange TTNEX.
3. USD Coin (USDC)
USDC or USD Coin is a digital currency that, the same as USDT, is linked with the value of USD. The price of each USDC represents the value of a dollar. In fact, for each USDC bought from the market, 1 USD is held in reserve. The US dollar reserved for USDC is audited monthly for added transparency.
USD coin is supported by Centre with founders including Coinbase, Bitmain and Circle.
USDC is an Ethereum token and works on the Ethereum blockchain. You can buy or invest in USDC through popular exchanges like Binance, Uniswap, and others.
4. BUSD
BUSD is the official stablecoin by the world’s biggest cryptocurrency exchange Binance, which was created in partnership with Paxos Trust Company.
As a stablecoin, the value of BUSD is linked with fiat currencies. It’s an ERC-20 token and works on the Ethereum blockchain. The value of BUSD is linked with US dollars reserved in various banks across the U.S.
The price of Binance USD is regulated and governed by the New York State Department of Financial Services, making it one of the most reliable and trusted stablecoins in the market.
The simple, straightforward pricing backed by a strong payment system makes BUSD ideal for investment as well as day-to-day payments.
5. MakerDAO
MakerDAO launched its stablecoin called DAI in 2017. However, this stablecoin is different from most other stablecoins in the market, in that the value of DAI is not backed by USD or any other fiat currency, but by ETH.
DAI is one of the first stablecoins to have its value backed by another cryptocurrency.
DAI has been seen as a stable, decentralized currency that is unbiased and gives everyone equal opportunity to realize the advantages of the digital economy. DAI has zero volatility and the price is as stable as any fiat currency. As of now, over 400 apps and digital platforms use DAI for secure, decentralized payments.
You can invest in DIA through exchanges. Also, you can earn DAI by staking in the contract.
6. Paxos Standard
Paxos Standard, or PAX, is a stablecoin launched by Paxos Trust, LLC, a New York-based payment services company.
Same as most other stablecoins, the price of PAX is backed by the US Dollar in 1:1 ratio, i.e. each PAX token holds the value equal to a dollar. Also, the company provides easy liquidity to allow anyone to sell/exchange their tokens for USD at any time.
The US dollars reserved for PAX tokens are held in U.S. government treasuries or FDIC-insured U.S. banks. The token is regulated by the New York State Department of Financial Services.
You can buy PAX from any of the over 150 exchanges and OTC desks where it is listed.
7. TrueUSD
Another stablecoin that gets its value from the US dollar. TrueUSD is an ERC-20 token based on the Ethereum blockchain.
However, TrueUSD is more trusted than other stablecoins, as its value is fully fiat-based and legally protected. The coin is transparently verified by authorized parties and managed by trusted people with a background in fortune-500 companies.
With the aim to bring stability to the otherwise volatile crypto market, the company is also working on tokenizing other physical assets like Euro, bonds, etc.
The Bottom Line…
The future of stablecoins is very bright. They give you the advantages of digital currency, without the volatility. You can invest in stablecoins, hold them, stake them, and will get almost guaranteed returns.
All the above-mentioned stablecoins are doing an amazing job, and people are actually investing in or using them for day-to-day transactions. Now is the best time to become a part of the revolution.
So, did you like the article? What’s your take on stablecoins? Have you invested or used any stable coin? What do you think of it? Do let me know in the comments.
Originally Publish on addusastory.com
Jump to: