I use only BUSD and USDT as stable coins because I think they are safer options. But BUSD is no more option anymore because binance abondoning the project. Do you advise other stable coins and why ?
Lately I bought Ledger Nano X. I want to save my coins in it.
Which network is safer for holding USDT in Ledger ? ERC20 or TRC20 ?
BUSD will cease to exist in the future. PAXOS will stop supporting BUSD and USDT has its own issue with redeeming USDT in fiat USD from the US bank. Just look at all the other stablecoins. When most of them even the largest one, USDC loses half of its marketcap USDT keeps rising. USDT is not a volatile asset so this is something unnatural and something to be concerned about.
ERC20 and TRC20 are both widely accepted in centralized exchanges, so i am not seeing any issue with either type. But ERC20 version has more liquidity than the TRC20 so if anything bad happens it will be easier to sell your ERC20 version i think.