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Best stablecoin to get into? Anonymous Wed Jan 13 22:41:07 2021 No.25948390 [Reply] [Original]

I've been really looking to get out of USDT before Jan.15th due to the FUD around it. I would hate to wake up with my funds frozen because USDT has been ceased or some nonesense. I've been using USDC but they seem to be a little more on the centralize side. Any other competitors out there? It would be a bonus to get some APY for holding the stablecoin.

>>	Anonymous Wed Jan 13 22:45:10 2021 No.25948516 Stop being a pussy. Nothing is going to happen of significance on the 15th.

>>	Anonymous Wed Jan 13 22:46:26 2021 No.25948550 Look into Origins Protocol's stable coin OUSD, probably a safe bet.

>>	Anonymous Wed Jan 13 22:52:06 2021 No.25948714 >>25948390 XLM seems to be steady going up. Did really well during the first quarter of this bullrun, should do pretty well in the coming jumps.

>>	Anonymous Wed Jan 13 22:58:49 2021 No.25948903 There's someone who mentions OUSD, I think mUSD and PAX could be better

>>	Anonymous Wed Jan 13 23:18:17 2021 No.25949461 File: 45 KB, 815x625, 1604136729244.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Wed Jan 13 23:19:41 2021 No.25949502 >>25948390 PNK sir

>>	Anonymous Wed Jan 13 23:20:05 2021 No.25949510 File: 24 KB, 320x240, Doge-Head-PNG-Clipart.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Wed Jan 13 23:21:13 2021 No.25949547 >>25949461 >>25948714 guys fucking read what the pleb wants.

>>	Anonymous Wed Jan 13 23:23:44 2021 No.25949622 >>25948550 Wasn't there an exploit?

>>	Anonymous Wed Jan 13 23:29:50 2021 No.25949824 >>25949622 yes, there was but they've compensated everyone and now have insurance. They had a relaunch. I don't know anyone but usdc offering insurance.

>>	Anonymous Wed Jan 13 23:30:46 2021 No.25949845 >>25948390 USDC

Anonymous Wed Jan 13 23:38:55 2021 No.25950088

>>25948390
DAI if you don't want to rely on trusting some org that the coin being (((backed))) by USD reserves. downside is it's slightly more volatile than the others, but it has been getting more stable over time and it's always within a few pennies of $1.

>>	Anonymous Wed Jan 13 23:43:09 2021 No.25950225 >>25948390 CHAINLINK

>>	Anonymous Wed Jan 13 23:49:55 2021 No.25950401 >>25950088 OUSD has a apy of 97% is this real????

>>	Anonymous Wed Jan 13 23:56:31 2021 No.25950594 DAI is decentralized and should always be worth 1 dollar (unless something breaks) it's also possible to meme into AMPL though that's less of a true stablecoin and more of a meme "own part of the total network" bullshit

>>	Anonymous Wed Jan 13 23:58:05 2021 No.25950632 >>25950401 its a scam, got flashloaned get dai or usdc

>>	Anonymous Wed Jan 13 23:59:44 2021 No.25950689 >>25948390 USDC, HUSD are heavily regulated. DAI is also cool, but it's pure DeFi. If it gets really really bad, it might not retain its peg.

>>	Anonymous Thu Jan 14 00:02:45 2021 No.25950773 File: 92 KB, 460x300, 8ea.jpg [View same] [iqdb] [saucenao] [google] >>25950632 How exactly is it a scam when they're refunding everyone who was affected by the hack? They rrelaunched. I'm confused sir.

Anonymous Thu Jan 14 00:04:48 2021 No.25950823
File: 25 KB, 640x640, photo_2020-11-05_02-19-39.jpg [View same] [iqdb] [saucenao] [google]

>>25950689
USDC is a pain the ass. USDT is cool. I do have OUSD myself. If they get exploited again they have coverage to cover the funds. Plus 2 audits. No regulation. backed by a basket of stable coins. Genius imo.

>>	Anonymous Thu Jan 14 00:07:06 2021 No.25950887 >>25948390 wait... you faggots dont use DAI? literally only stable coin I use because it cant be fucked with by the chinks or (((them)))

>>	Anonymous Thu Jan 14 00:11:57 2021 No.25951013 >>25950887 it can be fucked with because the fed is still printing infinite dollars. so yeah, the value stays pegged to $1, but the value of $1 is being fucked in the asshoe.

Anonymous Thu Jan 14 00:12:32 2021 No.25951025

I'm holding BUSD and earning 6% on it.
I traded all my USDT into it and I'm not looking back.

With respect to BUSD's security, I'm already taking on the exchange risk by holding the funds on binance so I'm not too worried.

I know 6% isn't great but I personally don't trust centralized loaning options like celcius as to me they seem identical to bitconnect

>>	Anonymous Thu Jan 14 00:22:58 2021 No.25951296 How can I cheaply exchange between USDC and usdt or other stable usd coins These fucking companies all make their own bullshit coin to lock in people and shut out other coins, libertarian paradise

>>	Anonymous Thu Jan 14 00:31:09 2021 No.25951507 >>25951296 if it's on ETH then use uniswap

>>	Anonymous Thu Jan 14 00:36:09 2021 No.25951631 Do not sleep on OUSD. They have the highest yield of 95% by just holding in your wallet. Bullish to me.

>>	Anonymous Thu Jan 14 00:39:34 2021 No.25951714 >>25951631 Major red flag

>>	Anonymous Thu Jan 14 00:55:54 2021 No.25952132 File: 50 KB, 1573x739, ousd.jpg [View same] [iqdb] [saucenao] [google] wowzer.. for a stablecoin not bad.

>>	Anonymous Thu Jan 14 00:56:27 2021 No.25952148 >>25951296 crypto.com has USDC, TUSD, and DAI. kraken has USDT, USDC, and DAI. uniswap has them all but gas fees might fuck you.

>>	Anonymous Thu Jan 14 00:56:55 2021 No.25952158 File: 67 KB, 222x268, 134523145678.png [View same] [iqdb] [saucenao] [google] >>25948390 >Best stablecoin

>>	Anonymous Thu Jan 14 00:57:58 2021 No.25952186 I have around 50% of my stablecoins in OUSD. Very good experience from UI/UX point of view

>>	Anonymous Thu Jan 14 00:59:03 2021 No.25952205 >>25952186 seriously, fuck off pajeet.

>>	Anonymous Thu Jan 14 01:01:38 2021 No.25952247 >>25952186 >>25952148 >>25951631 >Pls sir, buy my soon to rugpull scamcoin >90% return sir please sir, totally realistic 95% return on fiat Just shut the fuck up, no one here is that stupid.

>>	Anonymous Thu Jan 14 01:03:54 2021 No.25952301 >>25948390 DUSD is an index of the major ones. Getting >20% in the savings vault

>>	Anonymous Thu Jan 14 01:04:20 2021 No.25952314 What’s going to happen?

>>	Anonymous Thu Jan 14 01:05:44 2021 No.25952351 >>25952247 not sure why you're replying to me, i agree with you.

>>	Anonymous Thu Jan 14 01:07:07 2021 No.25952381 >>25948390 How about actual fucking dollars?

>>	Anonymous Thu Jan 14 01:17:26 2021 No.25952646 >>25952381 banks give you basically 0% apy interest. aave has better rates than any bank. plus i can store coins on my cold storage, or move from exchange to exchange without needing to connect to my bank or debit card.

>>	Anonymous Thu Jan 14 01:17:58 2021 No.25952656 >>25952381 As many ACTUAL dollars were printed last year as was TOTAL BEFORE. Holding ACTUAL dollars decreases your assets 5-10% a year. You need to happy 15%+ on them

>>	Anonymous Thu Jan 14 01:33:13 2021 No.25952992 >>25952247 You're an idiot that echo's what others say. You do realize that OGN has been around since 2017. Who the fucks rugs and gives you your money back. You sound like a complete moron. Unreal.

>>	Anonymous Thu Jan 14 01:34:50 2021 No.25953035 >>25951631 Scam

>>	Anonymous Thu Jan 14 01:39:11 2021 No.25953134 >>25952992 okay pajeet. i will go ahead and exchange my stablecoins for this totally trustworthy pajeet coin that is totally trustworthy. are you doing the needful sir?

>>	Anonymous Thu Jan 14 01:39:45 2021 No.25953145 >>25952992 >Who the fucks rugs and gives you your money back Wtf are you talking about? 95% return on a "stable" coin is unrealistic and a scam. Show the evidence that this coin is backed 100% Literal scam, get a life and stop trying to trick people.

>>	Anonymous Thu Jan 14 01:45:04 2021 No.25953261 >>25953145 are you stupid? you can see that the coin is backed ON CHAIN, that's the best proof you can find But yes, 100% APY in unrealistic, but it's temporal, it will stable out around 15-30%.

>>	Anonymous Thu Jan 14 01:58:31 2021 No.25953526 Buy OUSD, forget the naysayer. respectable to me. They took care of the victims who were affected by the exploit. Safer than USDT for sure. less volatile

>>	Anonymous Thu Jan 14 02:30:08 2021 No.25954211 >>25953526 Very sound point. You don't expect the rug from guys who just compensated 100% of loses

>>	Anonymous Thu Jan 14 02:34:47 2021 No.25954305 another top stable coin you can transition to is XMR

>>	Anonymous Thu Jan 14 02:36:10 2021 No.25954332 LINK is entering stablecoin territory

>>	Anonymous Thu Jan 14 02:37:56 2021 No.25954373 File: 489 KB, 1149x996, 4318C347-226D-41EE-BA98-32125A1D182D.jpg [View same] [iqdb] [saucenao] [google] >>25948390 The best of the best stablecoin

>>	Anonymous Thu Jan 14 02:38:34 2021 No.25954392 >>25954305 since when XMR is a stablecoin?

>>	Anonymous Thu Jan 14 02:38:47 2021 No.25954396 Stablecoins are a waste of time while the US is printing money If you insist, USDC for centralized legally aproved etc, DAI for decentralized.

>>	Anonymous Thu Jan 14 02:39:40 2021 No.25954413 LTO

>>	Anonymous Thu Jan 14 02:48:12 2021 No.25954606 >>25954373 Never heard about it, what is the OUSD?

>>	Anonymous Thu Jan 14 02:50:09 2021 No.25954653 >>25954396 E-money is an upcoming stablecoin, only its pegged to various other currencies, not just the $

>>	Anonymous Thu Jan 14 02:56:27 2021 No.25954765 >>25954653 > Upcoming Who cares

>>	Anonymous Thu Jan 14 02:58:28 2021 No.25954810 >>25948390 PAX

>>	Anonymous Thu Jan 14 03:25:30 2021 No.25955304 >>25954606 its 100% backed by other assets, such as USDT, DAI & USDC. It earns your 20-30% APY just sitting in your wallet

>>	Anonymous Thu Jan 14 03:28:42 2021 No.25955360 >>25955304 > Stablecoin backed by other stable coins > Yields out of nothing Lmao

Anonymous Thu Jan 14 03:32:26 2021 No.25955421

>>25948390
you retards really are something. i have 50k in usdt and am not wasting 1% of the spread trading it to usdc, dai or any other stablecoin
nothing will happen on the 15th. even if something does happen, tether won't just go away. hell, ripple got fucking sued by the sec and xrp is going to be delisted but it's still the top 4 coin

>>	Anonymous Thu Jan 14 03:36:16 2021 No.25955492 Holy shit, is this what a real life pajeet thread looks like? Incredible.

>>	Anonymous Thu Jan 14 03:53:50 2021 No.25955846 >>25955492 No, the XSN one is the pajeet thread

>>	Anonymous Thu Jan 14 03:59:59 2021 No.25955962 >>25955846 I've never seen shilling this blatant, though. >>25953526 >>25954373 >>25954606 >>25955304

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