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What are your favorite stable coins

  • Thread starter Thread starter Nomad
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Nomad

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I use stable coins for a couple of things, one, to hedge against price drop, to trade crypto, to buy cryptos, and to send funds to other users on the same exchange. My favorite stable coin is USDT. Do you use stable coins, what do you use stable coin for? What is your favorite stable coin?
 
I used to really like BUSD, but then Binance decided to get rid of this stablecoin and then I started using only YUSD because I didn't trust others. I don't trust USDC since the period when they had a price drop of several points
 
I don't usually use stablecoins really but the one I've used the most is USDT when I used them, I also used a little USDC, but due to the depeg I suffered in the past, I stopped using it.
 
BUSD is a stablecoin issued in partnership with Binance and Paxos. It is fully regulated and regularly audited, making it one of the more trusted stablecoins. It has become especially popular on the Binance exchange and within the Binance ecosystem, including Binance Smart Chain (BSC).
USDC is issued by the Centre Consortium (backed by Circle and Coinbase) and is fully backed by fiat reserves, with regular audits to ensure transparency. USDC is a transparent and well-regulated stablecoin, offering high levels of trust and security.
 
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