Post
Topic
Board Altcoin Discussion
Re: What is the best decentralized stablecoin?
by
Abiky
on 23/11/2021, 15:12:03 UTC
There is no special choice among decentralized stablecoins. And such a best decentralized stablecoin is DAI, whose capitalization is second only to USDT, USDC and BUSD. Undoubtedly, all those who do not accept centralization in cryptocurrency use this decentralized stablecoin.

DAI is undoubtedly the best decentralized stablecoin in the world. That's because it's has the most liquidity and mainstream acceptance compared to other stablecoins of its kind. Other decentralized stablecoins like USDJ and Neutrino USD are being traded on the market, but they're not as popular as DAI is. At least, they're an option for those looking into true financial freedom. Things would've been worse if centralized stablecoins were the only ones in existence. As long as people have a choice, nothing else matters. Just my opinion Smiley