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Board Beginners & Help
Merits 1 from 1 user
Re: [UPDATED] PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets
by
mk4
on 13/03/2022, 05:36:44 UTC
⭐ Merited by Maus0728 (1)
so would you say DAI is the best choice of a stablecoin to use it in a bearmarket?

Apologies for the late reply.

I really wouldn't say that. DAI is far more trustless because it doesn't have a freeze function, but DAI is significantly backed by USDC, so there might be some price stability problems for DAI if Circle(the company that backs USDC) somewhat interferes.