Which is your favorite StableCoin?
So many stable coins have appeared in the last few years. It is good to see more than just Tether. Which StableCoin do you rely on for being true to its value? And trade to/from? (SELECT as many)
- Tether
- Pax
- USD Coin
- StableUSD
- Dai
- Gemini Dollar
- TrueUSD
Answer the question at dpoll.xyz.
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I only don't know the others but if I needed some I ll make my research.
There has been concerns about it's backing dollars. Perhaps it would be worth looking into that. It is difficult to use others because the tether trade pairs are still the dominant ones.
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I know there were concerns about the warrants (security) on the bank accounts backing Tether. But I suppose if the problem were real the price couldn't be 1,01 USD as at the time of writing.
Anyway, I used it only a couple of times and don't know when I will need stablecoins again.
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