TerraUSD is a stablecoin that previously had a value of "1 USTC = $1". At the moment it worths $0.03
Crypto market is very unpredictable and dangerous, every company is chasing power and influence on the market but the problem is that if any of them make mistake, their product and the assets of millions of people fail.
At the moment I think that BUSD and USDT are the safest stablecoin pairs for regular cryptocurrency trading but I'm afraid that Binance has so huge influence on the market that if it makes mistake, BUSD may get fucked.
USDT seems to be the safest, am I right? What are the possibilities that USDT may end up like TerraUSD?
Which stablecoin do you suggest for crypto/usd trading?
If you have to hold some fiat then why not do it directly? I mean stable coins provide an important function to the market, but if you are not a short term trader and instead you are an investor then I do not see the point of using stable coins when you can use fiat directly to stay away from the market when it is going down or the volatility is too high for you, but if you do not really have any other option then for the moment I think USDT is the best out of the two.