Post
Topic
Board Altcoin Discussion
Re: Which stablecoin do you "trust" the most?
by
TelolettOm
on 18/06/2022, 22:47:12 UTC
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)
Honestly, I never use these three stable coins. Isn't UST the coin that recently had a terrible crash with LUNA? I thought I would not take the coin. And DEI, I thought at first DAI, but there is DEI. but the price was not $1, around $0.68. I thought that stable coins will be always stable at some certain rate, but UST told everything.

So far I have only focused on using a few stable coins, global ones such as USDT and BUSD. As well as local stable coins such as BIDR.