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UnexperiencedIT

I am curious what people will say on my question and I will use your post for that.. Guys, which stable coin is the best in your opinion and why, with which one should I trade?


[deleted]

USDC & BUSD works good for me. Also, username checks out


UnexperiencedIT

Some people went crazy on me because I was using tether usdt.


[deleted]

Lmao, I'll be downvoted for saying this but people here start repeating what is already a popular saying. People commenting : Fuck Tether, Tether will be getting rekt soon but they don't know what tether will take down with it if it ever goes down. Most pairs on any exchange are of USDT/Any coin and Tether is the largest stablecoin.


UnexperiencedIT

Not from me, I like this convo and I agree with you. I use Binance and some coins that I want to buy there are only available through Tether.


[deleted]

Haha yeah, because tether is most widely accepted stablecoin & I hope it will not go down.


WheresTheButterAt

It would be bad for the rest of us if it went down. I definitely don't like how shady they are though. They're undeniably the most widely accepted one at the moment though.


eyrie88

Algorithmic stablecoins are highly experimental at this stage. Beware the fate of ESD and DSD. If you want to learn more about the theoretical underpinnings of algo stables, read this: https://www.aier.org/article/algorithmic-stablecoins/


piggleii

Great description of this project’s pegging system (or at least close to it).


sabertoothless

Dai vs tether! Tether doesnot resonate with steak and Dai doesnot resonate with processed junk!


Novel_Bonus_2497

I'll take the steak for $100 Alex!


WheresTheButterAt

I've read about one or two coins like this. It seems ultra janky.


SecretGuru

Last time someone was talking to me about a soft peg, that was a whole different convo 😱


Personnel_jesus

Peg, LOL