Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: Daiana on April 03, 2024, 07:28:27 PM

Title: Stablecoin
Post by: Daiana on April 03, 2024, 07:28:27 PM

I'm new to crypto and I want to learn more about stablecoins. I'm curious about which stablecoins people use and why.

Title: Re: Stablecoin
Post by: dkbit98 on April 03, 2024, 11:38:50 PM

Quote from: Daiana on April 03, 2024, 07:28:27 PM

I'm new to crypto and I want to learn more about stablecoins. I'm curious about which stablecoins people use and why.

Tether USDT is by far most popular stablecoin and it has biggest marketcap and volume from all other stablecoins.
However, I don't consider this to be the best stablecoin since tokens can be frozen at anytime and for any reason.
I would not suggest any stablecoins long term, they should be used for trading only.

List of most stablecoins is available:
https://www.coingecko.com/en/categories/stablecoins

Title: Re: Stablecoin
Post by: Daiana on April 04, 2024, 12:39:36 AM

Thanks for the link! Its just that I am tired of the centralization, my bank is quite annoying with all the questions and restrictions for me with my own money.. I like that Dai is a dao..