Stablecoins are cryptocurrencies designed to stay steady in price, usually tied to the US dollar. They’re popular for trading, moving money across borders, and avoiding the volatility of coins like Bitcoin or Ethereum.
The big question is trust. Are these stablecoins fully backed by reserves as they claim? Regulators are paying attention, and how these concerns are handled will shape whether stablecoins remain a reliable tool in crypto.Do you trust stablecoins to stay stable long-term?
Thats why you choose stablecoin that gets audited by independent entity every month.
There are many stablecoins out there from shady one to trusted one, you choose your own stablecoin. But for me so far, I've used USDC, USDe, and USDT specifically for trading and has been fine.
If you're concerned, maybe try USAT, since it will adhere to GENIUS act.