Hello,
I have never really used stablecoins so far, my question simple:
Which stablecoin is the real stablecoin and can be trusted? USDT always seemed like an option but they had that issue when the price suddenly dropped down to 0.85, which makes me trust them less.
Is there a stablecoin to which you can put your funds and be sure that you will get back what you put? (I know it cannot be 100% guarantee, but which according to your opinion is the best?)
Every stable coins that has a fiat backup (insurance) and that fact being independently verified would make it safe to trust.
Bitfinex's tether had some controversies in the past but they had overcome most of it and are still the most popular fiat based currency to use.
Paxos standard is another good token issued by a reputable company and could be trusted.