How are you all? Hope everyone is doing well! Today I will discuss a very important topic, Today I will talk about which Stable Coin is Safe for us, Stable Coins are of three categories, 1. Fiat Backed Stable Coin, 2. Crypto Backed Stable Coin 3. Algorithmic Stable Coin

Among them, the safest Stable Coin for us at the moment is Fiat Backed Stable Coins including USDT,USDC,FDUSD,TUSD

Currently, the most popular Stable Coin is USDT which has a current market cap of $137 billion, on the other hand, USDC has a market cap of $44 billion,
We are noticing that bad information about USDT comes to the market every few days!
That USD will scam, and USDT was delisted from Europe Exchanges a few days ago!
Let's find out why bad information is repeatedly coming out about USDT,

Image collect Pixabay

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A China-based company Bitfinex was the first to create USDT, and on the other hand, the American company Circle and Coinbase jointly created USDC,
We all know that USDT has occupied a good place in the crypto market,
So now the Americans want to leave USDT behind and popularize USDC, on the other hand, China wants USDT to maintain its top position,
That's why there is a storm blowing over USDT again and again!
Although the USDC project is very strong, in my opinion it is difficult to overtake USDT, but it cannot be said,
So I believe that USDT will not crash or any incident will happen so easily,
Even then they will give some bad news like this after a few days just to crash USDT,
So I think it is our responsibility to keep our funds safe,
So we should keep USDC and FDUSD Stable Coin fund,
FDUSD- First Digital Stable Coin, which is originally created by First Digital Group,
But we have noticed that since Binance Exchange delisted its native stable coin, they are promoting FDUSD Stable Coin a lot,
Binance has a partnership with fDUSD, so I think FDUSD is safe for us, because Binance provides security to its users in time, they warn before any incident happens,

Image collect Pixabay
So I think FDUSD is safe for us,
So I am ending here today, I wish everyone to be well and healthy, Allah-Hafez