Post
Topic
Board Altcoin Discussion
Re: What is the best USD stablecoin? Tether, USDC?
by
Firefoxx
on 03/07/2019, 12:08:33 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?
there are many stable coin in the market currently and I really can't say which is the best. Also new ones are coming out, I know about one that is currently holding its sales. I personally use USDT the more, but also depends on the one the exchanges I am in uses.