Quote from: TimeTeller on June 12, 2022, 10:13:30 PM

Quote from: TopT3ns on June 12, 2022, 10:08:51 PM

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

I think everybody knows what happened in the last 2 months. A couple of stablecoin or even more crashed. I know at least 3 that depegged from the US Dollar (UST, USDN and DEI)
This caused a lot of tension on which stablecoin would be the next to depeg. At one point, USDT was under a lot of pressure, and its price even slight dropped as people were rushing to buy USDC and BUSD. Which brings me to the question

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

To be honest, after the UST case I was afraid to believe in stable coins, it's just that until now I still use USDT to store my assets even though I don't trust anything but until now it still provides comfort and security when trading using USDT so it's not a problem for me, hopefully USDT is not like UST. USDT is still stable so far because it may have very strong support, if you look at the supply chain that it has very much and can be added, so be careful when storing assets in USDT.

We can never tell their future to be honest.
Right now, a lot of people are trusting USDT, but don't get too confident.
Because at one point, USDT team admitted they had no 100% backing.
So we don't know the ultimate truth about their assets at the moment.
Just don't put all your funds in USDT or any other stablecoin, diversify as everyone is suggesting.

besides usdt, i think busd can be an alternative choice for stable coin diversification. we know busd is a coin from a well-known exchange, and the largest today, and its credibility has been tested to date. therefore to avoid cases like ust, dividing into several stable coins is really necessary considering we can't know what will happen next, because ust cases are like storms that come quickly