Hi Friends,
as you are aware there are several stable coins such as USDT, USDC, BUSD, DAI and so on. Among them, I know that Tether-USDT can be frozen. Source: https://www.dcforecasts.com/tether-news/tether-is-now-able-to-freeze-and-destroy-your-usdt-coins-report/
In my opinion there is really no difference between bank and USDT if they can freeze coins. So, I am just wondering, if you have any preferred stable coins which is safe and can't be frozen etc.
I wish to convert some of the coins to stable coins for next bull run. So, your suggestions will be very much appreciated
as you are aware there are several stable coins such as USDT, USDC, BUSD, DAI and so on. Among them, I know that Tether-USDT can be frozen. Source: https://www.dcforecasts.com/tether-news/tether-is-now-able-to-freeze-and-destroy-your-usdt-coins-report/
In my opinion there is really no difference between bank and USDT if they can freeze coins. So, I am just wondering, if you have any preferred stable coins which is safe and can't be frozen etc.
I wish to convert some of the coins to stable coins for next bull run. So, your suggestions will be very much appreciated
For me, it depends on what is available on the exchange that I am using at the time and since I am using Binance more, I just trade to BUSD or my local Fiat since that too is available on Binance. This means I don't have anyone preferred stablecoin since I believe that the entire crypto trading itself is risky and I try to move to personal wallets instead of exchange wallets.