Post
Topic
Board Altcoin Discussion
Re: What is the best stablecoin right now?
by
UmerIdrees
on 24/05/2020, 08:28:16 UTC
If you are looking for stable coins there is no other than great and it is only USDT.  But I have to ask a question first, why you want stable coin/s?
Because for the fact that stable coin/s won't make you profitable than those volatile coins just like  Bitcoin, Ethereum, and the rest. If you are looking at this thing (profit), of course, I will invest these coins rather than to stick my money into no moving value coins.

Having this stable coin is only having the assurance that we can't lose our money and less risk but not good for investment, unless if you are just preserving your money in crypto.
USDT is not a great stable currency although it has more trading volume than other currencies. It often encounters trouble with auditing, about fraud allegations.

None of the stable coins can be trusted for long term as different exchanges have different USD coins. I Prefer USDT and tether but i never keep my funds in them for mid or long term. I just use them for trading with BTC pair.