Post
Topic
Board Altcoin Discussion
Re: What is the best USD stablecoin? Tether, USDC?
by
pinoy.bolanon
on 27/06/2019, 09:37:25 UTC
If you wanted to store USD on your cold storage for, let’s say one year, which stablecoin would yo trust the most to still be worth 1 USD in a year?
I ask because I simply don’t trust Tether. I think the day could come where it is either regulated out of existence, or it’s lack of USD reserves causes it to crash and burn.

I’m thinking USDC is the best way to go, because it is backed by a real US company (Coinbase) which has had real longevity in crypto. It can be stored on a ledger nano in my ether wallet. I just feel like it’s going to be around in a year, it’s Coinbase.

Any thoughts or advice?

For storing purposes, i think USDC but in my case, im into trading so both of this stablecoins listed in the market are good for me, as i do trading short term only, i am not storing stable coin for a long period of time, as some of this do not go through any extensive research for their longivity,i know i didnt trust anything, but i just care of my funds.