Post
Topic
Board Altcoin Discussion
Re: About USDT
by
macson
on 20/02/2022, 18:07:11 UTC
As a newbie I kinda like investing in projects that are audited atleast so back to my question, USDT is the biggest stable coin right?

I don't like USDT and I don't believe that it's properly backed. There were a lot of controversies on the topic, but I stopped following all the relevant news. So.. be careful.
i don't like USDT either.... i prefer DAI or BUSD!

USDT is normally a pretty good tool for traders, but imho not that much suitable for investing/holding, since you won't gain anything.
(Of course, if you want to hold USDT only in the days Bitcoin price is dropping, then it's a different story.)
agree... stable coins are not very suitable to be used as long-term investments, more comfortable to use for trading (scalping).