How many stablecoins do you know?

S

SoftPotato

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You've probably heard of USDT, USDC, DAI and PYUSD which are the most common equivalent of US dollar but I just recently found out about the listing of a new one that claims to bridge normal finance and decentralized finance blah blah blah. It's called WUSD
 

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Where is is listed ? Does binance has it? Is there any benefit of this coin over usdt? And what about the developers, are they trusted?
 
Blah Blah Blah is really a funny way to explain a project, but I get it, a lot of them are basically the same thing, with their biggest selling point being stability and trust.

From your image, I see that it's already on Bitget, is it safe to assume that it's on other exchanges as well?
 
There’s quite a few stablecoins out there, though the only ones I personally use are USDT & USDC, they’ve been around the longest and have the highest volume. I think there’s significant risk in using anything else.
 
New stablecoins that are not made by well-known companies and are not backed by anything real are very dangerous. The market has already passed the stage of smart stablecoins and their collapse together with FTX and as this practice showed it is really dangerous and unpredictable
 
Yeah, USDT, USDC, and DAI are my go-tos, but WUSD sounds interesting, always curious to see if these 'new stablecoins' actually stick around
 
SoftPotato said:
You've probably heard of USDT, USDC, DAI and PYUSD which are the most common equivalent of US dollar but I just recently found out about the listing of a new one that claims to bridge normal finance and decentralized finance blah blah blah. It's called WUSD
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The most trusted are USDT amd USDC. I don't bother with the others.
 
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