Which stable coin do you mainly use or hold?

  • Thread starter Thread starter Kross
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Kross

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Stable coins in crypto are known to be non volatile because they are backed by a solid asset. People hold stable coins as a hedge against inflation associated with fiat. Some prefer to use stable coins mainly for completing transactions. Which stable coin do you mainly use or possibly hold?
 
I prefer to use Tether (USDT) due to its liquidity and popularity in exchanges, however, it is an optimal choice to trade and it's an hedge against volatility of the crypto market.
 
Tether is the most popular and mostly used by crypto lovers especially in United States. USDT is pegged at USD around at 1:1 ratio. Tether is used by investors to hedge against unexpected fluctuations in cryptocurrency markets. Am holding few tether but i want to swap it to BCH to start trading.
 
I have used USDC a couple of times but I mainly use USDT. I use tether as a trading pair. I have also used BUSD but this stable coin has now been shut down.
 

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