Do You Trust Stablecoins?

There are some popular stablecoins. Tether USDT is the biggest stablecoin in the capital. You will get trading pairs of USDT easily in cryptocurrency exchanges. They hold the reserve which is not properly audited. So there is a doubt. It can collapse if something goes wrong.

On the other hand, USD Coin USDC is a regulated and audited stablecoin. So can you trust this stablecoin? Recently USDC lost its peg when SVB was in trouble. Probably Dai is better because it is decentralized. Wait a second. Dai also lost its peg when USDC did because Dai holds a big portion of USDC.

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