⚡️ Ditch USDT for a more trustworthy alternative

[Rikj000]

Tether - USDT has proven itself to be a truly sketchy stable coin,
which I don't wish to keep using in the future!

We will have to be more patient before we can actually make a switch to a more trustworthy option though,
because exchanges still need to adopt more alternative stable coin pairs for our purposes.

In the near future we should be able to switch to one of the following more reliable alternatives though:

• TrueUSD - TUSD: Does monthly audits, not backed by a single instance, publishes their bank account contents daily, proving that the money is actually there.
• USDCoin - USDC: 2nd largest stable coin, more trustworthy then Tether, however they also disclosed that they aren't fully backed with actual cash! They also do audits though.
• Dai - DAI: A truly decentralized stable coin, not backed by a company or cash, but by a formula & crypto funds provided by the people!
  I truly like the idea behind algo-stable coins, however history has proven that these always are at risk of falling into a death-spiral..

FYI:

• Here you can check the top stable coins.
• This video gives a quite clear explanation of alternative other options which are available.