Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: Psycho on November 30, 2020, 06:30:56 AM

Title: What is tha best stablecoin?
Post by: Psycho on November 30, 2020, 06:30:56 AM
Here are the best stablecoins right now:

1:- Tether (USDT) So named because it “tethers” itself to the value of the USD, Tether is the most well-known stablecoin in the crypto world. ...

2:- True USD (TUSD) ...

3:- Paxos Standard (PAX) ...

4:- USD Coin (USDC) ...

5:- Binance USD (BUSD)



Sorce link:- https://www.benzinga.com/money/best-stablecoins-and-4-types-of-stablecoins/
Title: Re: What is tha best stablecoin?
Post by: saprakib on November 30, 2020, 03:31:12 PM
Here are the best stablecoins right now:

1:- Tether (USDT) So named because it “tethers” itself to the value of the USD, Tether is the most well-known stablecoin in the crypto world. ...

2:- True USD (TUSD) ...

3:- Paxos Standard (PAX) ...

4:- USD Coin (USDC) ...

5:- Binance USD (BUSD)



Sorce link:- https://www.benzinga.com/money/best-stablecoins-and-4-types-of-stablecoins/
As you said Tether is always the best stable coin on crypto field .However PAX is also a good stable coin .You actually have selected all the popular 5 stable coin all these coin has made their platform stable as it is .However i always use USDT on my transaction and trading so it is the best stable coin to me .
Title: Re: What is tha best stablecoin?
Post by: kulkhan on November 30, 2020, 08:18:51 PM
There are some stable coin. But i think Best stable coin is USDT. It is more popular right now. Total marketcap of Ethereum is 19.13B usdt. Position of coinmarketcap is four. It is very stable. So i think usdt is best stable coin.
 
Title: Re: What is tha best stablecoin?
Post by: Malam90 on December 01, 2020, 04:54:19 AM
There are a lot of stable coins in coinmarketcap but only and one stable coin "USDT" is the best stable coin ever. BUSD may be a competitor in the future of USDT but till now USDT is the perfect way of progress. Last 11 months, its marketcap has been increased drammatically from $4.1 B to $19 due to the increase demand and trading volume with USDT pair in the exchanges where now almost 60% volume are done with USDT. That's why USDT is now top stable coin.
Title: Re: What is tha best stablecoin?
Post by: MOProgress on December 01, 2020, 10:52:27 PM
Recently, I often use DAI,and USDT is also very convenient,but due to the many trials with this stablecoin and the hype in large volumes, I do not keep it!Dai is one of my favorites!
Title: Re: What is tha best stablecoin?
Post by: hair on December 01, 2020, 11:01:04 PM
There are a lot of stable coins in coinmarketcap but only and one stable coin "USDT" is the best stable coin ever.
I agree with you. USDT is still the best at the moment which is a top coin. Many people use USDT and believe in its users as a stable coin
Title: Re: What is tha best stablecoin?
Post by: Malam90 on December 02, 2020, 04:14:23 AM
There are a lot of stable coins in coinmarketcap but only and one stable coin "USDT" is the best stable coin ever.
I agree with you. USDT is still the best at the moment which is a top coin. Many people use USDT and believe in its users as a stable coin

There is a good advantage of USDT now on Binance and TRON TRC20 wallets. There is no withdraw fess from Binance if you use TRC20 usdt wallet and from TRC20 wallets, transaction is without fees or very little like 0.001 TRX etc. This is one of the reason of becoming more popular among the investors. I also convert my assets with USDT and transfer with TRC20 wallets. It is now top trend in our country for 0 fees.
Title: Re: What is tha best stablecoin?
Post by: hair on December 02, 2020, 04:20:40 AM
There is a good advantage of USDT now on Binance and TRON TRC20 wallets. There is no withdraw fess from Binance if you use TRC20 usdt wallet and from TRC20 wallets
Not only on Binance, Indodax also supports TRC20 USDT. It is very profitable for traders to withdraw their assets at no cost.
Title: Re: What is tha best stablecoin?
Post by: Malam90 on December 02, 2020, 05:42:00 AM
There is a good advantage of USDT now on Binance and TRON TRC20 wallets. There is no withdraw fess from Binance if you use TRC20 usdt wallet and from TRC20 wallets
Not only on Binance, Indodax also supports TRC20 USDT. It is very profitable for traders to withdraw their assets at no cost.

Oh sure, i have given only an example but there are many exchanges that supports TRC20 USDT which is very popular trend now. Transferring TRC20 USDT is now becoming very popular to us specially who are resellers locally to buy and sell USDT instead of BTC, ETH, BNB etc.
Title: Re: What is tha best stablecoin?
Post by: hair on December 02, 2020, 05:49:44 AM
Transferring TRC20 USDT is now becoming very popular to us specially who are resellers locally to buy and sell USDT instead of BTC, ETH, BNB etc.
Yeah. This is a very useful feature, are other stablecoins like trc20 usdt? because I never used stablecoin except USDT
Title: Re: What is tha best stablecoin?
Post by: Malam90 on December 02, 2020, 10:09:51 AM
Transferring TRC20 USDT is now becoming very popular to us specially who are resellers locally to buy and sell USDT instead of BTC, ETH, BNB etc.
Yeah. This is a very useful feature, are other stablecoins like trc20 usdt? because I never used stablecoin except USDT

I have same experience like you. I haven't used other stablecoins yet except USDT. But as an investor in Binance, i may need to use BUSD in future. I consider BUSD is the 2nd best stablecoin after USDT.
Title: Re: What is tha best stablecoin?
Post by: hair on December 02, 2020, 12:02:09 PM
But as an investor in Binance, i may need to use BUSD in future. I consider BUSD is the 2nd best stablecoin after USDT.
I see, I will consider it because Binance is one of the cheap platforms right? BUSD can be an option other than USDT
Title: Re: What is tha best stablecoin?
Post by: Malam90 on December 02, 2020, 01:03:18 PM
But as an investor in Binance, i may need to use BUSD in future. I consider BUSD is the 2nd best stablecoin after USDT.
I see, I will consider it because Binance is one of the cheap platforms right? BUSD can be an option other than USDT

Sure, i believe BUSD will be a challenge for USDT in future. We know Binance is the best exchange in cryptoworld. Their financial based is very strong. They have hold USD and crypto against their BUSD to retain it's stable coin. 
Title: Re: What is tha best stablecoin?
Post by: Rafiq on December 02, 2020, 04:24:26 PM
There are several stable currencies in cryptocurrency. Of the stable currencies you mentioned, I think Tether (USDT) is the most stable currency. It is a very popular currency and ranks fourth in the CoinMarketCap’s top ranking kings. During high volatility in the market I keep my assets in stable currency account USDT.
Title: Re: What is tha best stablecoin?
Post by: Malam90 on December 03, 2020, 06:47:31 AM
There are several stable currencies in cryptocurrency. Of the stable currencies you mentioned, I think Tether (USDT) is the most stable currency. It is a very popular currency and ranks fourth in the CoinMarketCap’s top ranking kings. During high volatility in the market I keep my assets in stable currency account USDT.

The more volatile market, the more use of stable coins. Hence USDT has already created a huge space and trust in the mind of the investors. As a result, we are now observing a huge trend to convert or trade in USDT pair in different exchanges. In volatility, it is safe to hold assets in USDT or any other stable coin.
Title: Re: What is tha best stablecoin?
Post by: kulkhan on December 11, 2020, 09:11:53 PM
Near about 200 Stable coin are available in Cryptocurrency Market. I think Usdt is Best Stable coin. Huge Marketcap, huge volume. Day by day it’s credibility increasing. Useibility of usdt is increasing rapidly. Usdt is Very popular coin now a days. I think usdt is on of the best stable. I use usdt all time.
Thanks
Title: Re: What is tha best stablecoin?
Post by: sneakyboi on December 12, 2020, 05:18:58 AM
There's no doubt that USDT is the best stablecoin in the crypto world right now, it has a large amount of market volume, supply and market cap. It widely used in every transaction in exchanges, trading platforms, brokers and even betting sites.

The other stablecoins was good tho, but USDT is far the best ones out there.
Title: Re: What is tha best stablecoin?
Post by: KKH84 on December 12, 2020, 11:49:41 AM
So far I only know USDT, because almost every exchange has this coin.  Usually I exchange crypto to USDT to secure value and buy back after the price drops and that is one of the benefits of stablecoins, as they are worth the same as USD paper currency.
Title: Re: What is tha best stablecoin?
Post by: juv3ntus1 on December 12, 2020, 12:18:33 PM
Will all the Tether’s trouble with the USA attorney investigations i will say Usdc because they passes the Audits,its fully backed by USD and are listed on all major exchanges.
Title: Re: What is tha best stablecoin?
Post by: damsix on December 13, 2020, 08:31:44 AM
Indeed all of this is extraordinary in making coins stable for the supply of cryptocurrency.

Then there are lots of innovations from stable coins to the advancement of cryptocurrency.
An example is a transaction from USDT using blockchaoin TRC20 (TRON) for free and this can be copied by all stable coins to spread its wings wisely.
Title: Re: What is tha best stablecoin?
Post by: tamango on December 13, 2020, 08:51:48 PM
I don't hold much in stablecoins, prefer gold more to preserve my wealth, but mostly use USDT on TRC-20 for quick asset transfers, but rarely hold in them!
Title: Re: What is tha best stablecoin?
Post by: MUGNIA on December 20, 2020, 04:06:39 PM
There are many stable coins on coinmarketcap but only and one stable coin "USDT" is the best stable coin ever, but DAI is also very convenient, to transact
Title: Re: What is tha best stablecoin?
Post by: highnayem34 on December 21, 2020, 01:06:46 PM
Here are the best stablecoins right now:

1:- Tether (USDT) So named because it “tethers” itself to the value of the USD, Tether is the most well-known stablecoin in the crypto world. ...

2:- True USD (TUSD) ...

3:- Paxos Standard (PAX) ...

4:- USD Coin (USDC) ...

5:- Binance USD (BUSD)



Sorce link:- https://www.benzinga.com/money/best-stablecoins-and-4-types-of-stablecoins/
I think you should create a poll as well. Which one is getting more interested stable coin we better know. But my likely to be best is Usd coin. It's running on ethereum chain. is fabulous cryptocurrency.
Title: Re: What is tha best stablecoin?
Post by: Malam90 on December 23, 2020, 05:40:49 AM
USDT is the best and most popular stable coin ever. No other stable coin is so popular and as USDT. USDC is the second  and DAI is the third popular stable coin so far. Marketcap of USDT is $20B today where USDC $3.4B and DAI $1.1B. You can easily compare from this information of coinmarketcap today.
Title: Re: What is tha best stablecoin?
Post by: Linda78 on December 24, 2020, 01:53:43 AM
As you said the five currencies are stable currencies. These five coins are stingy. This is the most used of the stabilizers. As I myself use more USDT it is very easy for me to transact.As stable as these five are Again not so popular currency.An example is a transaction from USDT using blockchaoin,.I keep my assets in stable currency account USDT.
Title: Re: What is tha best stablecoin?
Post by: Malam90 on December 24, 2020, 09:29:35 AM
As you said the five currencies are stable currencies. These five coins are stingy. This is the most used of the stabilizers. As I myself use more USDT it is very easy for me to transact.As stable as these five are Again not so popular currency.An example is a transaction from USDT using blockchaoin,.I keep my assets in stable currency account USDT.

Maximum crypto traders keep their assets parked in USDT mostly. I am also but i sometimes use BUSD in Binance. USDT is the king of stablecoins like Ethereum is the king of altcoins. Hence we have no different opinion for maximum traders.
Title: Re: What is tha best stablecoin?
Post by: masudginanjar on December 25, 2020, 08:04:19 AM
The more stable coin circulation in the market, the better the stable coin will get good value from cryptocurrency lovers.
USDT or Tether has a very wide and numerous market, therefore Tether for now is the best stable coin.

Instead of BUSD or USDC, I think Tether is still super power and has its own charisma.
Title: Re: What is tha best stablecoin?
Post by: svetlana on December 25, 2020, 09:51:05 AM
The best stablecon is the coin that is least subject to price fluctuations in the market. In such a coin, you can store your assets for their safety. Due to its low volatility, it is most suitable for storing monetary assets.  I prefer to store my cryptocurrency in USDT, like many others.
Title: Re: What is tha best stablecoin?
Post by: Lutera94 on December 25, 2020, 12:07:12 PM
Here are the best stablecoins right now:

1:- Tether (USDT) So named because it “tethers” itself to the value of the USD, Tether is the most well-known stablecoin in the crypto world. ...

2:- True USD (TUSD) ...

3:- Paxos Standard (PAX) ...

4:- USD Coin (USDC) ...

5:- Binance USD (BUSD)



Sorce link:- https://www.benzinga.com/money/best-stablecoins-and-4-types-of-stablecoins/
I can see lots of coin in this list but i am prepared only USDT till now. Not only me many people’s used Usdt in crypto market, so usdt is the well setup coins. Binance  usd (BUDT) can be usable, need to more research.
Thanks for posting...
Title: Re: What is tha best stablecoin?
Post by: jonathancool220 on December 31, 2020, 07:54:57 AM
The best coins are indeed USDT or Tether, but the one with the most innovation right now is BUSD.
BUSD or Binance USD is now transforming into the best, slowly increasing its ranking and in time maybe BUSD will be next to USDT.

USDT has backup funds from Bitfinex, which this Exchange was the largest Exchange at that time.
Title: Re: What is tha best stablecoin?
Post by: Malam90 on January 01, 2021, 03:02:08 PM
All possible discussion already completed. This topic has been locked now.