Post
Topic
Board Altcoin Discussion
Re: What is the best USD stablecoin? Tether, USDC?
by
Garant581
on 01/07/2019, 12:23:46 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?

I do not understand why all the diversity and new projects in this industry? We have TETHER for many years, it works and has long established itself as the most reliable project. I trust only him, he has almost all the exchanges!