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Topic: Which stablecoin is the most reliable? (Read 2023 times)

brand new
Activity: 0
Merit: 0
December 10, 2019, 11:03:48 AM
Look at the retailer market, I’m sure that many of them will agree to use cryptocurrencies for payment, especially if they set up systems and show how to work with stable coins. Indeed, when converting one to one, they do not lose anything, but they get faster payment systems, transparency and secure transactions.
The most obvious advantage is that online markets do not even have to develop any blockchain systems on their own, because there are already many services that allow you to pay when sellers receive fiat, although customers paid crypto. But in general, stable coins would be a good solution for a business, especially if you use them both in your stores and with partners
Stable coins have the opportunity to become a substitute for fiat, especially if you develop relationships in the ecosystem, gradually transferring customers and partners to paying with coins. Now the entire supply market depends on the price of the dollar, but cryptocurrencies can create a system of relations less dependent on external factors.

If you draw conclusions on the news, then world countries are looking for ways to create their own coins or partnerships with finished projects in order to maintain the economy. All the same, cryptocurrencies fit perfectly into the world trade system. Now any country is forced to buy a dollar, which is printed with a larger share than the bank can provide. So it is not yet known who is more practical - crypto or fiat.
brand new
Activity: 0
Merit: 0
December 10, 2019, 10:56:40 AM
Look at the retailer market, I’m sure that many of them will agree to use cryptocurrencies for payment, especially if they set up systems and show how to work with stable coins. Indeed, when converting one to one, they do not lose anything, but they get faster payment systems, transparency and secure transactions.
The most obvious advantage is that online markets do not even have to develop any blockchain systems on their own, because there are already many services that allow you to pay when sellers receive fiat, although customers paid crypto. But in general, stable coins would be a good solution for a business, especially if you use them both in your stores and with partners
Stable coins have the opportunity to become a substitute for fiat, especially if you develop relationships in the ecosystem, gradually transferring customers and partners to paying with coins. Now the entire supply market depends on the price of the dollar, but cryptocurrencies can create a system of relations less dependent on external factors.
brand new
Activity: 0
Merit: 0
December 10, 2019, 10:47:41 AM
Look at the retailer market, I’m sure that many of them will agree to use cryptocurrencies for payment, especially if they set up systems and show how to work with stable coins. Indeed, when converting one to one, they do not lose anything, but they get faster payment systems, transparency and secure transactions.
If I read the news correctly, then even Britain is considering launching a stable coin for the British pound. This is great when the state is interested in supporting the crypto market. Of course, there is still insufficient preparation of the population for the possession of digital technologies. But a service like Taklimakan Network can fix this. The platform is aimed at the development of the crypto community, here you can find both training materials on cryptocurrencies and investing, as well as practically useful articles for trading experts and analysts. Because if you do not pursue an information policy, then quickly transfer the country to digital assets will not succeed
hero member
Activity: 1361
Merit: 506
December 10, 2019, 01:07:52 PM
There is a big problem that we are in a crypto and we are fighting for new decentralized world, but we use centralized stable coins to protect us before losses. But why not to give a chance to truly decentralized stablecoins like DAI, QDAO. Think about it because in decentralized stablecoins you do not have to be afraid that one day SEC or another institution come and ban your stablecoin, something like is happening to Tether.
sr. member
Activity: 2226
Merit: 259
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December 10, 2019, 12:34:56 PM
do you mean down to 0.85 from usd? it's a very big decrease, I have never seen a tether decrease above 2%, if you don't believe in a tether you can try on usdc, pax, but yes I think tether is the most widely used and trusted, please if you have other assumptions.

Yes, most of the people prefer the USDT coin, even though we have seen many negative rumours about the tether previously, but it has managed to secure its position in the market. Many people are choosing tether for holding their profits in the market.
Rumours spreading it’s very logical i think because Tether (USDT) is printed a lot of times that's the biggest reason and spreading panic in the whole market. But USDT is a huge strongest coin and most using in the crypto space so that they can easily overcame this issue. I always prefer this coin even big whales are using this coin to keep stable their initial assets. USDC or TUSD is the second option i didn’t see any problem both of stable coins.                    
full member
Activity: 882
Merit: 110
December 10, 2019, 12:09:41 PM
stable coins also continue to experience a price decline, but it will be better than other crypto which have decreased prices but are very drastic. for stable coins like USDT it may decrease but it is small and insignificant.
hero member
Activity: 1862
Merit: 574
Leading Crypto Sports Betting & Casino Platform
December 10, 2019, 11:02:19 AM
talking about stable coins I only use them to secure funds when the market is weak and I invest money in USDT / USDC coins. but if your goal is to get high profits then a stable coin is not the right choice, you can invest with btc or other crypto to get a decent return when the market situation improves.
in terms of utilization I also do the same thing with Stablecoin, they are useful when the market is down and we can use it to hold the funds owned. and to make transactions between the coin markets can also be utilized
hero member
Activity: 1372
Merit: 503
December 10, 2019, 11:00:59 AM
Many will say USDT or tether but for me stablecoin that can be used on our own advantage is the best one. For example Rub stable coin and China CNY is probably one of the best for Chinese and Russian community. Only wish our own country can have a stablecoin that can be easily be used for trading with fiat. For me stablecoin served as neutralizer on market and this is the goal of it. Anyway, different opinions matter here. It just always depend on one's need.
full member
Activity: 887
Merit: 100
December 10, 2019, 10:45:55 AM
talking about stable coins I only use them to secure funds when the market is weak and I invest money in USDT / USDC coins. but if your goal is to get high profits then a stable coin is not the right choice, you can invest with btc or other crypto to get a decent return when the market situation improves.
legendary
Activity: 1722
Merit: 1014
November 02, 2019, 08:55:53 PM
I believe USDT is the safest option here, at least it's the most popular and thus most stable if you compare it with other stable coins. But I don't think you should treat like a safe way to store your fiat money.
sr. member
Activity: 1077
Merit: 250
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November 02, 2019, 01:13:27 PM
Theter is the highest marketcap stable coins, as far i use theter there is no issue at all

even if you look at price history in coinmarketcap, theter never hits .85 as you said

so, theter is the most reliable stable coin in cryptocurrency in my opinion
jr. member
Activity: 134
Merit: 1
November 02, 2019, 01:10:25 PM
if what you mean is reliable in terms of return on investment, I think not because stable coins will not provide great benefits for you, as far as I know stable coins like usdt / usdc can reduce your investment losses other than investing in other cryptoqurrency.
full member
Activity: 941
Merit: 100
November 02, 2019, 01:09:59 PM
Tether is the most used stablecoin, but its history and financing is connected with many shady past activities. I would be a little afraid to hold this coin for more than a month, because you never know when it will disappear. Rather buy some stablecoin that is not owned by one company with strange history, bu makerdao or qdao, both look very promising.
that's what I'm worried about. although all crypto can disappear from the market I think stable assets have a greater risk of loss in the crypto market. I also have some USDT, but not for the long term. I have it only to help trade that I do. because I believe daily trading is also greatly helped by the presence of stable assets such as USDT.
sr. member
Activity: 966
Merit: 254
November 02, 2019, 01:04:37 PM
Tether is the most used stablecoin, but its history and financing is connected with many shady past activities. I would be a little afraid to hold this coin for more than a month, because you never know when it will disappear. Rather buy some stablecoin that is not owned by one company with strange history, bu makerdao or qdao, both look very promising.
hero member
Activity: 3080
Merit: 603
November 02, 2019, 12:30:08 PM
my answer is simple, if you want to use stable coins for investment then you can invest in USDT and USDC.
A stable coin can't be considered as an investment, you can use it like how we use dollars as a means of conversion. Store the current value of bitcoin and other altcoins you have if you want to.
But saying that stable coins for investments, I think that is inappropriate.
You're definitely right that a stable coin can't be considered as a good investment that you can earn huge profit in a month, but a stable coin is good to store your money when we are experiencing a downfall or bear market. We all know that USDT is the most stable coin, that is why i convert some of my coins to minimize my losses.
That's the use of stable coins. You can store your bitcoin or any other alts value through it. But whenever I see someone tells that stable coins are for investments, there might be some newbies that will take it wrongly. Those that don't do research can eventually find themselves buying something that doesn't move in value because it's stable as mentioned. There's no 'most' stable coin, as long as it's being categorized as that, they are all stable coins because there's many of them in existence.
sr. member
Activity: 938
Merit: 250
November 01, 2019, 08:26:53 AM
of course the most reliable stable coin is tether (USDT). because in trading crypto each tether token can be exchanged for US dollars via the tether platform. and in my opinion the value is quite stable around $ 1. for example we benefit from bitcoin. we can save our profits in tether tokens. because the value is stable unlike bitcoin which is very volatile.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
November 01, 2019, 08:03:14 AM
my answer is simple, if you want to use stable coins for investment then you can invest in USDT and USDC.
A stable coin can't be considered as an investment, you can use it like how we use dollars as a means of conversion. Store the current value of bitcoin and other altcoins you have if you want to.
But saying that stable coins for investments, I think that is inappropriate.
You're definitely right that a stable coin can't be considered as a good investment that you can earn huge profit in a month, but a stable coin is good to store your money when we are experiencing a downfall or bear market. We all know that USDT is the most stable coin, that is why i convert some of my coins to minimize my losses.
the purpose of stable coin is to accommodate your funds when you are investing or trading in other markets where your country's currency is not registered. and I think it's also not suitable for investment, because its stable movements make it not good for investment
sr. member
Activity: 630
Merit: 265
November 01, 2019, 07:37:21 AM
my answer is simple, if you want to use stable coins for investment then you can invest in USDT and USDC.
A stable coin can't be considered as an investment, you can use it like how we use dollars as a means of conversion. Store the current value of bitcoin and other altcoins you have if you want to.
But saying that stable coins for investments, I think that is inappropriate.
You're definitely right that a stable coin can't be considered as a good investment that you can earn huge profit in a month, but a stable coin is good to store your money when we are experiencing a downfall or bear market. We all know that USDT is the most stable coin, that is why i convert some of my coins to minimize my losses.
hero member
Activity: 3080
Merit: 603
November 01, 2019, 06:31:26 AM
my answer is simple, if you want to use stable coins for investment then you can invest in USDT and USDC.
A stable coin can't be considered as an investment, you can use it like how we use dollars as a means of conversion. Store the current value of bitcoin and other altcoins you have if you want to.
But saying that stable coins for investments, I think that is inappropriate.
member
Activity: 1764
Merit: 10
November 01, 2019, 04:27:28 AM
There is already a huge number of stablecoins with which you can easily work and hold your investment in them, but it is best of course to invest in the most popular stablecoin and hold your investment there, namely in tether, very often when the cryptocurrency market falls I keep my investment in tether and everything is fine.
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