Quote from: keyscore44 on Today at 03:04:40 AM

Quote from: xSkylarx on Today at 02:52:22 AM

Quote from: Bitcoin_Arena on June 10, 2022, 11:33:32 PM

Which stablecoin do you feel so comfortable using, without having any worry of depegging?

Most of my stablecoin is on BUSD. USDC is also good option but I prefer BUSD since I always trade on their exchange, and also they have many trading pairs for their own stablecoin so I don't have to worry converting it from one stablecoin to another. Binance is currently the most reputable exchange and they have a lot of funds to support their stablecoin. Depegging BUSD won't happen that easily as it is backed by a real entity unlike what happen in UST and LUNA.

If you have such a good opinion about Binance exchange and BUSD, then you probably haven't read the news and have not heard about their problems with money laundering and drug purchases on the Darknet for cryptocurrencies from Binance. Of course, it's possible that nothing bad will happen, but holding funds in BUSD is the worst thing to do at the moment.

Everything is still unclear and nothing can prove that Binance is guilty and the SEC was right. Currently, Binance is still the largest and most trusted centralized exchange, I think there is nothing bad in holding BUSD or BNB even using the exchange at this time. If the binance exchange is charged and destroyed it will be a hundred times worse than the crash caused by Luna so don't expect this it's just FUD out of hundreds of other FUDs