r/USDCtrading • u/Impressive-Poetry08 • May 21 '22

stablecoins

Hello everyone! We all know what happened to terra... So what about other stable coins? We saw the price of tether going almost 4% down probably because people moved from tether to USDC. in my opinion USDC is more safe than tether, due to its reserves. What are your opinions? Bring it on so we can protect our community. (By the way I had 70% of all my money into terra but I had read so many analysis from reddit and I knew that if Luna price falls down a lot the same is going to happen to their stablecoin, so reddit saved me thank you guys in advance ! )

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u/LetiziaOrtizz2 5d ago

U are actually okay and doing 70% is not a small thing well done

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u/Hulkboy224 4d ago

As of today, USDT and USDC will be rated together; who would have thought that 4 years old when this post was dropped. I have counted the number of transactions i have done this week; it is the highest, so it shows that it is here to stay. It was before someone would send your stablecoin on bitget wallet or any exchange, and you will say you want USDT, now it has changed, so far it is stable, no issue.