Post
Topic
Board Altcoin Discussion
Re: Stable Coins ?
by
Silberman
on 06/12/2023, 06:48:30 UTC

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 ?
It is a good idea to avoid BUSD as it will not be long until it disappears, however there are a few other stable coins that you may be interested in holding as it is never a good idea to have all your money invested in a single one due to the possibility of a collapse happening overnight, and when it comes to which network to use, since it seems you want to hold your stable coins for a long period of time, and you may not be interested in moving them too much then the ethereum network seems like the best fit for your needs.