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?

Just what I thought. After researching the two coins ( usdn and dai) I found out that they are similar to ust in which they are also algorithm based and that would be the main reason on why those coins fell down as well but if you are an investor of those coins and you found out what happened to ust then you shouldn't wait any longer because your coins can probably end up on the same path as ust.

I don't know if there are more algorithmic based stable coins but they are likely going to suffer the same, maybe not now but it can happen in the future but for the stable coins which are still safe, they could be usdt, usdc, busd and dai. People should't worry on them.