Post
Topic
Board Altcoin Discussion
Re: Which stablecoin do you "trust" the most?
by
LastKiss
on 20/06/2022, 10:48:24 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)
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?

Well still USDT and BUSD is the one I feel comfortable with. Although there are a lot of stablecoins, mostly what I used is USDT and BUSD, since BUSD is very strong in this a lot of pressure season it keeps stronger and makes me not worry so much about another deep pegging case. But In my opinion many stablecoin will learn from the UST case tho.