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Bro, which stablecoins do you hold?

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by COINS NEWS 166 Views

I'll try this one again. Which stablecoins do you feel most comfortable holding, bro? My largest stablecoin bag by far is UST, an algorithmic stablecoin, along with BUSD and USDC. I hold majority algorithmic stablecoin because I have conviction in the Terra / Cosmos blockchain, as a hedge against regulation, and for the 20% Anchor yield. What are your thoughts on this new type of crypto-backed stablecoin like UST and Magic Internet Money (Abracadabra.money), do you believe it is safer or even more riskier than centrally backed stablecoins than USDC or Tether (lol). Finally, if you hold any of these coins, did the potential yield of those coins influence your decision to hold said coin, bro?

edit: ADA does count but im not interested in the pathetic staking rates

submitted by /u/UnfumbleableBag
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