If you wanted to store USD on your cold storage for, lets say one year, which stablecoin would yo trust the most to still be worth 1 USD in a year?
I ask because I simply dont trust Tether. I think the day could come where it is either regulated out of existence, or its lack of USD reserves causes it to crash and burn.
Im 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 its going to be around in a year, its Coinbase.
Any thoughts or advice?
Tether is the most popular stable coin
but the way I am seeing it now they might be going no where, though they still remain at the top as the number one stable coin with the biggest market cap as well. There are lots of criticisms against them
ranging from being part in manipulation and many others. If you don't want to make use of tether, there are many others. There is PAX
Pax has been doing well and I have seen a lot of people say good about it. Haven't seen any bad review about them yet, maybe cause I haven't taken my time to research about them. You can also check out this other one that is called TruseUSD (TUSD).