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RE: Are All Stablecoins Made Equal?

in LeoFinance4 years ago

@agr8buzz, good review. I started with DAI sometime ago but have since moved on to USDC. For the DEFI market to work properly, a stable "stable coin" is crucial. DAI has had a few ups and downs, so USDC seems to be the best for me. Fortunately it is gaining popularity.

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Cheers, appreciate the support! That makes complete sense to me, the stablecoin has to function correctly, no if an or buts about it. Otherwise confidence in the DeFi platform would erode. I don't see any reason why USDC should not challenge for top spot other than the sheer number of trading pairs on Binance. At least you and I both know USDC and DAI is where it's at..

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