which stable coin should I use?
Just got into cryptotrading, and now I see that binance has multiple stable coins. I get the basic idea of the stable coin mimicing the value of USD, but I don’t understand the nuances between each coin. As a trader does one offer a benefit over the other?
Some are backed by institutions considered shadier than others (Tether vs Coinbase for example) but at the end of the day most people just pick the one with the most liquidity on the pair they’re trading.
Usdt. Looks like usdt fud campaign has died out.
DAI is the best hands down
DAI right now seems to be the best option
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You can ask any doubts related on stable coins.
USDT or DAI
Go for DAI or USDT.
If you are in the US, I recommend USDC. You can easily send USDC to CoinbasePro, convert to USD and send it back to your bank account in 1 business day.
Although I have not tested, it seems you can do the same thing with BUSD and [Binance.US](https://www.binance.us/?ref=35008064) pair.