Hey.
I'm currently all in tether... which isn't a good idea currently IMO.
I'd like an alternative that won't turn to dust - as I've heard speculation; that Tether might become worthless if Bitfinex get hammered in the courts.
What's the best stable coin currently?
I'm at Bitfinex at the moment, however I'm thinking of going back to Binance; giving me more options for stable coins.
However, the liquidity of TrueUSD and USDcoin - on Binance, is pretty poor....
Which leaves..
a) a btc only exchange such as Bitmex

or deribit...

(which is not for me, way too much stress having to keep a constant eye on the market. I like to take time out as needed)
b) Coinbase and legit Fiat. However - coinbase has high fees and very bad liquidity (I have the choice of euros or pounds there.. no dollar

)
I'm quite worried that Tether will just collapse and all my trading capital will simply vanish.
Is that a valid concern? And do we have a time-frame for when things will be concluded with the latest tether fiasco.?
Would very much appreciate some insight on this.
Thanks.
TG
Yes it is, consider about bitfinex and tether was facing a very big problem because both of these platforms must deal with US prosecutor and SEC. I have already moved to the TUSD and so far i never face any big problem with it.
It looks so difficult to deal with US regulators.
TUSD is a better choice consider the liquidity based on much dollars that used to backed USD. you can't expect a huge liquidity when it was having limited fiat money to backed it.