Swap to XMR 👍
I love this coin, but I want to keep my money stable without constant rate hikes
Personally, I'd diversify stables Centralized: USDT and USDC in different networks Decentralized - DAI
nowdays , its still not stable rubble has too much flactuation
Idk. Probably anything nin-custodial is fine
Why not paxg?
its crypto mate, the only way to make your money stable is to save it in stablecoin and stake it
Because most crypto exchanges don't have it 🤷♂
I know. I am constantly watching the monero course
Is the USDT a centralized coin because it is linked to the dollar exchange rate?
it is centralised like controlled by one or two entity but not linked to dollar completely and it has no significant proof that it has all treasuries backed by gold or something close to it
Because your address can be blacklisted However, it's not likely to happen if you're not a terrorist))
they even block the account for fraud amount transfers or if sec give them order better to avoid
What should I do then if I don't want my money to depend on the exchange rate of the coin? This is the first time I've heard that USDT can block funds
DAI 🤷♂ It's not as stable as USDT, but anyway ~ 1 usd
Is it based on Ethereum?
There must be high commissions like Ethereum's
Yes, gas fees are not too nice Seriously, if you're not doing anything illegal and need stables for everyday use, USDT or USDC in Tron (quite high fees if not staking ~500$ value of TRX), BSC, Arb, Op, Matic or other popular network will be fine
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