What is the best stablecoin? My personal view.

Stablecoins have revolutionized the way I navigate the chaotic crypto world. From my experience, these coins are the perfect refuge when everything is crumbling around you. But beware, not all are the same, and some have given me more than one headache.

The protagonists of the current market

USDT 🏆 - The veteran of the sector, with over 80 billion in capitalization. Yes, it's the one we all use, but let's be honest: its "reserves" are a mystery that keeps me awake at night. Do they really have backing for all that money? I have serious doubts.

USDC 💳 - My personal favorite. Backed by companies that at least try to be transparent with monthly audits. When USDT gives me bad vibes, I always turn to it.

BUSD 📈 - Created by a certain giant exchange, it seemed promising until regulators came after them. I used to use it a lot, now it's almost disappeared from my radar.

DAI 🌐 - The rebel of the group. I love its decentralized approach, but on days of crypto panic, it wobbles like a drunk on New Year's. I only use it for quick trades in DeFi.

TUSD ✅ - The least known of the "big ones". Its certifications seem more credible to me than those of USDT, but its liquidity leaves much to be desired when you need to move quickly.

USDP 💵 - The obsessed with complying with regulations. So regulated that it almost seems like a traditional bank, which makes me wonder: did I get into crypto for this?

UST 🚀 - What a disaster! The biggest failed experiment of an algorithmic stablecoin. Thank goodness I withdrew my funds before the collapse, many friends lost all their savings with this supposed "innovation".

My personal experience

After years of operating with these coins, I have learned that perfect security does not exist. USDT dominates the market, yes, but I can't help feeling that it is a house of cards waiting to collapse. USDC seems more reliable to me, but it is also not without risks.

Decentralized options like DAI appeal to me ideologically, but let's be practical: when you need real stability, fiat-backed stablecoins remain the only viable options.

What nobody tells you is that diversifying among several stablecoins is probably the smartest strategy. I keep my funds spread between USDC, USDT, and a little bit of DAI, prepared for any scenario.

The day one of the major stablecoins falls, the entire crypto ecosystem will tremble. And believe me, that day will come sooner or later.

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#DeFi #Web3 #Bitcoin #BTC $USDC $USDP