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14503051 No.14503051 [Reply] [Original]

There Are So Many StableCoins, How Do I Know Which One To Use?

>> No.14503120

the one that isnt a scam

(they're all scams)

>> No.14503338

>>14503051
use usdc(coinbase+circle)

>> No.14503889

>>14503051
DAI > all

>> No.14504298

>>14503120
DAI aint a scam, it's a dao and decentralized (backed by eth cdp loans onchain)

>> No.14504391
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14504391

For me, it's USDT

100% backed by real us dollars and very legit!

>> No.14504428

>>14503051
pesos standard token, esse

>> No.14504461

just wait for RSV

>> No.14504570

Gemini is fully audited and compliant in the most regulated financial environment in the world (trust is maintained in NY). I wouldn't trust the others, except DAI in a pinch.

>> No.14504679

DAI is the only decentralized one. it comes with the systemic risk of being a pioneer

all other options are IOU tokens. they're worth about as much as holding store coupons in place of real money. if the company goes bankrupt, you're fucked. out of them all, tether is the worst, printed out at will with no backing asset