Best stable coin on Reddit
218 reviews from r/CryptoCurrency, r/defi, r/CryptoMarkets and 16 more subreddits
218 reviews from
and
By Brand
/By Product
#1
USDC
4.5
(35)
"100% backed by USDC or BUSD."
"USDC is probably the safest out there - huge liquidity and backed by big names like Circle and Coinbase."
"USDC honestly is the most comfortable one to me."
"Check out FarmersOnly they have vaults for USDC(57% APY)."
"I use usdc and it’s because I feel it’s safe."
"Usdc is always a solid choice."
"USDC has served me well for stable coins."
"USDC"
"USDC is the safest one."
"USDC is always highly spoken of by the crypto community generally."
#2
UST
4.6
(18)
"I've been using anchor protocol to earn about 20% a year on my UST and I couldn't be happier."
"UST + LUNA = GOAT"
"Good post. You’ve forgot to mention that UST is already being used directly in South Korea and some other parts of Asia for payments via Chai."
"UST and MIM look like the front runners in decentralized stables."
"I love UST and Anchor protocol. That’s so complicated though"
"RUSD, OUSD, UST, cUSD"
"UST, USDC, MIM, BUSD"
"Ust"
"UST"
"Personally I have been staking some UST on Fuzz Finance."
#3
DAI
4.3
(12)
"It's the oldest, most battle tested, and most widely accepted decentralized stablecoin."
"Probably DAI"
"DAI..most tested and backed up"
"The best algorithmic stablecoin is DAI."
"Dai is most what I like to see in crypto stablecoin."
"Definitely Dai or USDC."
"Dai is pretty stable and you get a high staking %."
"DAI"
"DAI and ADA are good options."
"Not USDT. Check out DAI."
#4
USD Coin
4.8
(8)
"USDC go for it"
"I heard USDC is a safer option, since it is backed 60% with real dollar"
"USDC for stablecoin, BTC, ETH, or ADA otherwise"
"I buy USDC on Coinbase. 0 fees"
"Indeed use usdc and then top up to your card when exchange rate is in favor to euro."
"USDC"
"Personally use usdc coin."
"USD coins. There are differing options."
#5
Terra
4.4
(8)
"UST (Terra) staked on anchor is a solid play with a yield of 19.5%. It is the only decentralized stable coin."
"UST on Terra is the only decentralized stablecoin, offering a fixed 20% interest in Anchor Protocol."
"Astral Money will allow users to earn interest on native currencies like pounds and euros."
"I’m a big Luna and UST fan."
"I’m a big Luna and UST fan."
"At the moment, Terras Stablecoin."
"Terraust (ust) is also a option. You can put in anchor protocol which yield +-19.5% a year."
"UST on Terra."
#6
Tether
3.8
(9)
"USDC is the only one I use."
"USDT, USDC and BUSD"
"Kidding, USDT 💎"
"For me, USDT is preferable, for someone, USDC is preferable."
"Usdt"
"Maybe look into Tether or Binance USD"
"I’d use USDT because it’s got more liquidity."
"Tether and USDC mimic the Fed's actions over the last 50 years, leading to devaluation."
"Avoid Tether. Just Google it. Constant scandal."
#7
OUSD
4.4
(7)
"OUSD hands down. meta vault that takes your exchanged stablecoins and invests in Aave, compound and convex. 25% 30 day running APY."
"OUSD with an APY of over 23%."
"OUSD is my best plug when we talk about stablecoin."
"OUSD gives 15% APY for a period of 30 days. This is actually cool"
"I would like to stay with OUSD with 14.54% APY."
"I minted some OUSD also on the OINDAO, they have plans to list on a DEX later."
"OUSD from Origin protocol. Cash out into OGN then convert to OUSD on ousd.com."
#8
Anchor Protocol
4.4
(7)
"UST pool on Anchor Protocol is reliable and a go-to option."
"If you want a single stable coin with good APY, Anchor Protocol is a great choice."
"Currently the best and UST used on the Anchor Protocol with an annual gain of 19 percent."
"UST on Anchor Protocol. I believe it is 19.5% now"
"If you can't afford the fees, Anchor protocol on Terra for 19 percent APY like people have been saying."
"19% yield on UST is impressive."
"Personally I use UST and get 19.4%~ on it via Anchor."
#9
MIM
4.4
(5)
"MIM"
"Magic Internet Money."
"MIM is also a valid stablecoin."
"MIM."
"MIM probably."
#10
Anchor
4.2
(5)
"Great platform for staking and earning rewards."
"Anchor, which was my first, has shown to be one of them."
"UST on Anchor offers a competitive 19% APR."
"UST on LUNA has a decent 19% APY."
"As far as where to invest, I like Anchor, yearn.finance (on Fantom), and Beefy on Fantom."
#11
GUSD
4.0
(5)
"I like GUSD myself."
"Gusd - gemini."
"Can use GUSD from Gemini."
"Gemini for GUSD and coinbase for USDC."
"I primarily use GUSD to transfer into Celsius through Gemini."
#12
Nexo
4.8
(4)
"Nexo gives up to 10% on USDC, does cash back for internal exchanges, and has free withdrawals."
"They have the best interest rates I’ve found, 6% for BTC and 10% for stablecoins."
"Check out BlockFi Nexo and Celsius."
"Check Nexo, they change to a Fiat proxy that allow you flexible staking at 8% but up to 12% if you stake for 3 months."
#13
Kinesis
4.5
(4)
"[Kinesis Money](https://kinesis.money/) is what you are looking for."
"Look up Kinesis money. They dk exactly what you want and more."
"Kinesis. Here is my slightly long reply to another post about India and gold backed accounts."
"Kinesis."
#14
Paxos
4.3
(4)
"PAXG is backed by physical gold, allowing for inflation adjustment unlike traditional stablecoins."
"PAXOS seems pretty safe."
"PAXOS seems pretty safe."
"I've been using PAX"
#15
TUSD
4.0
(4)
"TUSD"
"TUSD is lowest spread, USDC is more tested and safe"
"I'll look into TUSD and USDC !"
"The factual answer is TUSD."
#16
Celsius
4.7
(3)
"Excellent rates for crypto savings."
"I personally am happy to earn 8.8% on my USDC with Celsius."
"Spit between USDC on Celsius and GUSD on Gemini."
#17
Fantom
4.3
(3)
"Fantom chain has good yields at the moment."
"Checkout fantom ecosystem; beefy, spirit, robovaults and onering, hundred finance. Anywhere from 20-50% apy"
"Fantom has yearn.finance vaults, FarmersOnly, and Scream all with great opportunities on stablecoins."
#18
MakerDAO
4.3
(3)
"Dai is the only one worth storing in cold storage for sure."
"Imo DAI, because that one is vmbacked by its mechanism rather than trust in an institution."
"Dai?"
#19
XLM
4.0
(3)
"Definitely XLM."
"XLM is always a good option."
"XLM."
#20
Binance
3.7
(3)
"Some of their BUSD pairs have remarkable volume too."
"If you are buying the stable coin on Binance, then buy BUSD since it's only 3 USD to withdraw to Celsius."
"I’ve heard you can invest in Binance credit."
#21
Osmosis Dex
5.0
(2)
"My two favourite"
"EEUR/UST pool on Osmosis Dex is a great stablecoin pool."
#22
Bitcoin
5.0
(2)
"I hold my BTC with an APY of 317%."
"BTC is a strong investment choice."
#23
e-Money
5.0
(2)
"Their currency-backed tokens continually shift in line with the interest accrued on the reserve assets, benefiting holders."
"They're all fully collateralized and interest-bearing."
#24
BlockFi
5.0
(2)
"Great platform for earning interest on USDC or BUSD."
"Check out BlockFi Nexo and Celsius."
#25
Celsius Network
4.5
(2)
"Check out BlockFi Nexo and Celsius."
"Celsius network will change interest rate to 10% today on like all big stable coins."
#26
USDT
4.5
(2)
"USDT"
"Usdt is what I use."
#27
Osmosis
4.5
(2)
"Osmosis also has single sided LPs with triple digits APR."
"The APYs are okay & sustainable."
#28
Coinbase
4.5
(2)
"Using USDC on my Coinbase debit card allows me to avoid fiat while earning 4% cash back in XLM."
"I use Coinbase, I know everyone thinks it’s awful, but I convert to dai."
#29
FlexUSD
4.5
(2)
"FlexUSD offers a unique opportunity to earn interest on a stablecoin backed by USDC, with low transaction fees on SmartBCH."
"FlexUSD gives you apy straight to your non-custodial wallet."
#30
BUSD
4.0
(2)
"For centralized it’s BUSD and USDP from Paxos."
"BUSD gets my vote."
#31
Circle
4.0
(2)
"USDC is pretty sound."
"Currently USDC, TUSD and sUSD earn quite a nice apy for me."
#32
yearn.finance
4.0
(2)
"Yearn on fantom has somewhere around 20 - 25 % on DAI and USDC."
"I like Anchor, yearn.finance (on Fantom), and Beefy on Fantom."
#33
Luna
4.0
(2)
"Maybe luna with anchor protovol 20% apy"
"Buy luna, send it to terra station, swap for UST. So simple"
#34
Hyperield
4.0
(2)
"They let you earn 100%+ APY on stablecoins by levering up against Convex."
"They let you earn 100%+ APY on stablecoins by levering up against Convex."
#35
Terra Network
4.0
(2)
"You can also stake UST on various projects within the Terra Network."
"UST can be staked on Anchor Protocol for a 20% return."
#36
Algorithmic Stablecoin
4.0
(2)
"UST is a reliable algorithmic stablecoin."
"DAI is a great alternative for stability."
#37
Midas Investments
5.0
(1)
"If you're looking for a platform that has solid returns on stable coins as well as other coins I think midas.investments is the best."
#38
Gemini
5.0
(1)
"Gemini is the best way with no fees."
#39
Gains Network
5.0
(1)
"Gains Network offers a competitive 25% APY on DAI, paid in DAI, with rising trading volume and fees."
#40
TenFinance
5.0
(1)
"You can check TenFinance on Binance Smart Chain, with their Yieldex feature you get exposure to multiple stablecoins for around 20% APY."
#41
Unido
5.0
(1)
"The UDO/USDC pool offers an impressive 120% APY."
#42
Beethoven
5.0
(1)
"USDC/DEI on FTM offers an impressive 49% APY."
#43
Decentralized Stablecoin
5.0
(1)
"USDC or BUSD are the most likely options, with DAI being a great choice for those preferring an over-collateralized decentralized stablecoin."
#44
Crypto.com
5.0
(1)
"I'm a big fan of staking USDC on Crypto.com."
#45
Unifi
5.0
(1)
"I hold my UNFI with an APY of 71%."
#46
Elephant Money
5.0
(1)
"70% APR single sided staking is an attractive feature."
#47
Elephant.money
5.0
(1)
"You can stake TRUNK which is backed by 75% BUSD and 25% Elephant. Current APY is 70% but does fluctuate down to around 65%."
#48
Cryptocurrency
5.0
(1)
"USDC, BUSD, and DAI are reliable stablecoins to use."
#49
Blockbank
5.0
(1)
"Blockbank offers the best rate at 10% APY on stable coins, with weekly rewards."
#50
Sifchain
5.0
(1)
"Sifchain offers single sided LPs with triple digits APR."
#51
Magic Internet Money
5.0
(1)
"Pretty much DAI but better and it’s not a wrapped version of USDC which dai has turned into."
#52
Midas
5.0
(1)
"Great investment options with high returns on USDC, ETH, and BTC."
#53
Hedera
5.0
(1)
"Hedera provides a robust infrastructure for building stablecoins."
#54
Gold
5.0
(1)
"Gold is a reliable asset for stability."
#55
Quarry
5.0
(1)
"FRAX/UST on SOL provides a solid 35% APY."
#56
Stasis
5.0
(1)
"Stasis Euro is a great alternative to USD-pegged stable coins, offering a competitive 12% APR."
#57
Ethereum
5.0
(1)
"ETH has great potential for gains."
#58
CryptiSwap
5.0
(1)
"Highly recommend!"
#59
Aave
5.0
(1)
"So far using Aave on Polygon has been giving me the best results."
#60
Wowswap
5.0
(1)
"Wowswap has been successfully audited by Hacken and I haven't had any problems with it in the last few months of my use."
#61
Glide Finance
4.0
(1)
"GlideFinance.io has a BUSD - USDC pair for 73%."
#62
EEUR
4.0
(1)
"I use EEUR on Cosmos Chain."
#63
Curve.fi
4.0
(1)
"Curve.fi is another nice one 13% apy in ONE right now."
#64
DIvi
4.0
(1)
"I recommend that you observe DIvi."
#65
TGBP
4.0
(1)
"If your in the UK, TGBP"
#66
PoolTogether
4.0
(1)
"If you want to beat inflation but minimize risk I recommend PoolTogether."
#67
Beefy
4.0
(1)
"I like Anchor, yearn.finance (on Fantom), and Beefy on Fantom."
#68
Padswap
4.0
(1)
"Frax-usdc is at 0.1% ROI 38% APY for at least 3 weeks now."
#69
Hundred Finance
4.0
(1)
"70% on hundred finance for MIM if you boost it!"
#70
unFederalReserve
4.0
(1)
"The one I found so cool is unFederalReserve offering 16% on Tether and 13% on USDC."
#71
Waves Exchange
4.0
(1)
"USDC and USDT liquidity staking pools on Waves Exchange pay 23-24%."
#72
Djed
3.0
(1)
"Djed, if it rolls out by that time."
Discover your audience
GummySearch is an audience research toolkit for 130,000 unique communities on Reddit.
If you are looking for startup problems to solve, want to validate your idea or find your first customers online, GummySearch is for you.
Sign up for free, get community insights in minutes.
Tell me more
Get started
