Stable Coin reviews from Reddit
Summary
We analyzed 277 Reddit reviews across 25 subreddits and 44 posts to rank the best Stable Coin brands recommended by redditors, including communities like r/CryptoCurrency, r/defi, r/CryptoMarkets, r/Crypto_com, r/CelsiusNetwork. Top-rated brands include USDC (4.4/5), UST (4.6/5), Anchor Protocol (4.4/5).
Stats
Reviews277
Subreddits25
Posts44
Brands69
Products56
277 reviews from
and
By Brand
/By Product
#1
USDC
4.4
(45)
"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
Anchor Protocol
4.4
(18)
"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."
"Anchor protocol -> abracadabra loops can get you to 100% on stables"
"Second the anchor protocol on Terra. Big fan"
"I would recommend anchor protocol. Decentralized, 20% APY."
"My favorite stable staking option is UST on Anchor protocol. 20% and it's likely going to be decentralized before too long."
"I would recommend to anyone who's on crypto to check out Anchor Protocol. It's a stable 20% APY, like a savings account but you're depositing stablecoin instead."
"Anchor Protocol where you can stake UST for approximately 20% APY."
"Anchor is probably the easiest, Ui/UX wise. Though the yield will drop to 15% next month, but since you're fine with even 10% APY, it's all good."
#4
DAI
4.2
(17)
"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 terraUSD are decentralized."
"I have some DAI earning 3.74% interest on Exodus"
#5
USD Coin
4.1
(15)
"Usdc ftw!"
"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"
"USDC conversion isn't that bad. I do it for all my exchange transactions (with my GBP)."
"Personally use usdc coin."
"USD coins. There are differing options."
#6
Tether
3.9
(11)
"Yes, USDT and USDC on popular chains"
"USDC is the only one I use."
"USDT, USDC and BUSD"
"Kidding, USDT 💎"
"If you're in the:
Northern/western hemisphere, USDC.
Southern/Eastern hemisphere, 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."
#7
Circle
4.8
(8)
"USDC"
"I swap profits into USD Coin and I use the yield explorer in De.fi to find staking opportunities."
"Noble USDC you can put in Cosmos or other defi platform to earn APY as well"
"There is Noble USDC and Kava USDT. Check liquidity before swapping and use trusted DEXs (ex: Osmosis). Cheers."
"Noble usdc. Easy to on and off ramp."
"Noble USDC ( Cosmos native )"
"USDC is pretty sound."
"Currently USDC, TUSD and sUSD earn quite a nice apy for me."
#8
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."
#9
OUSD
4.1
(8)
"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."
"Everyone suggesting Ousd, is all new accounts."
#10
MIM
4.3
(6)
"MIM"
"Magic Internet Money."
"MIM is also a valid stablecoin."
"MIM."
"Mim"
"MIM probably."
#11
Anchor
4.3
(6)
"The answer is always anchor"
"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."
#12
Kinesis
4.4
(5)
"[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 seems the most prominent on WSS."
"Kinesis."
#13
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."
#14
Bitcoin
5.0
(4)
"Bitcoin. Can't get poor owning it."
"Just get some btc to start with and branch out with your research from there."
"I hold my BTC with an APY of 317%."
"BTC is a strong investment choice."
#15
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."
#16
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"
#17
Gemini
4.3
(4)
"Gemini is the best way with no fees."
"I think Gemini is pretty solid. GUSD is 8% or so; and they also have DAI at 7.99%"
"I do Gemini because it works in NY, 8% on their stablecoin GUSD and a place to put my BAT"
"I prefer GUSD by a slim margin over USDC because of what I've read about Gemini's approach to backing the coin, strong custody and because Gemini seems to not run from regulatory scrutiny."
#18
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."
#19
Celsius
4.0
(4)
"I personally am happy to earn 8.8% on my USDC with Celsius."
"Spit between USDC on Celsius and GUSD on Gemini."
"Best APY's are on centralized exchanges. That's nothing you should worry about. Celsius is amazing."
"While rates isn't as high as CDC you can use something like celsius that won't tie up your coins."
#20
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?"
#21
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."
#22
USDT
2.4
(5)
"USDT"
"Usdt is what I use."
"Avoid USDT tho since very sketchy daw siya"
"Everyone but tether"
"At this point, anything is better than USDT"
#23
XLM
4.0
(3)
"Definitely XLM."
"XLM is always a good option."
"XLM."
#24
Coinbase
4.0
(3)
"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."
"You can put it in the liquidity pool that Coinbase cooperates with."
#25
BUSD
3.7
(3)
"For centralized it’s BUSD and USDP from Paxos."
"BUSD gets my vote."
"Busd staking in binance is 2.86APY"
#26
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."
#27
Osmosis Dex
5.0
(2)
"My two favourite"
"EEUR/UST pool on Osmosis Dex is a great stablecoin pool."
#28
Midas Investments
5.0
(2)
"You’ll earn 20% APY on USDC, 13% on Bitcoin, 18% on ethereum, plus they have a bunch more but those are pretty common coins and very lucrative if you deposit a bunch."
"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."
#29
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."
#30
Ramp DeFi
4.5
(2)
"You should probably check out Ramp DeFi."
"Check out Ramp Defi! Through RAMP, users can borrow rUSD, a stablecoin, by collateralizing his asset deposits and utilize it directly on QuickSwap and PancakeSwap."
#31
Freeway
4.5
(2)
"I would suggest Freeway. Besides the fact that the APY is actually quite high: 43%. I like how the UI is designed and how it's very easy to navigate."
"Freeway is the only platform I've seen with such high yields for Stables. It's so close to SYLO's liquidity pool for ETH/SYLO that has an apy around 50%."
#32
Kalmar
4.5
(2)
"It’s nice and easy, has leverage for power moves and also lending options which sometimes pays better than yield farming."
"YieldApp is pretty much easy to use. Kalmar as well. Both apps are offering double-digit APY on stables. My USDC is on YieldApp and my BUSD is on Kalmar."
#33
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."
#34
Osmosis
4.5
(2)
"Osmosis also has single sided LPs with triple digits APR."
"The APYs are okay & sustainable."
#35
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."
#36
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."
#37
BlockFi
4.0
(2)
"Check out BlockFi Nexo and Celsius."
"BlockFi, Celsius, Hodlnaut, Anchor"
#38
Luna
4.0
(2)
"Maybe luna with anchor protovol 20% apy"
"Buy luna, send it to terra station, swap for UST. So simple"
#39
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."
#40
PAX
4.0
(2)
"PAX gold"
"PaxG"
#41
Cardano
4.0
(2)
"Coins of the future like ada etc coins that have utility and good growth potential."
"I use USDC and have some now!"
#42
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."
#43
Algorithmic Stablecoin
4.0
(2)
"UST is a reliable algorithmic stablecoin."
"DAI is a great alternative for stability."
#44
Gains Network
5.0
(1)
"Gains Network offers a competitive 25% APY on DAI, paid in DAI, with rising trading volume and fees."
#45
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."
#46
Unido
5.0
(1)
"The UDO/USDC pool offers an impressive 120% APY."
#47
Beethoven
5.0
(1)
"USDC/DEI on FTM offers an impressive 49% APY."
#48
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."
#49
Crypto.com
5.0
(1)
"I'm a big fan of staking USDC on Crypto.com."
#50
Unifi
5.0
(1)
"I hold my UNFI with an APY of 71%."
#51
Elephant Money
5.0
(1)
"70% APR single sided staking is an attractive feature."
#52
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%."
#53
Cryptocurrency
5.0
(1)
"USDC, BUSD, and DAI are reliable stablecoins to use."
#54
Blockbank
5.0
(1)
"Blockbank offers the best rate at 10% APY on stable coins, with weekly rewards."
#55
Sifchain
5.0
(1)
"Sifchain offers single sided LPs with triple digits APR."
#56
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."
#57
Midas
5.0
(1)
"Great investment options with high returns on USDC, ETH, and BTC."
#58
Hedera
5.0
(1)
"Hedera provides a robust infrastructure for building stablecoins."
#59
Gold
5.0
(1)
"Gold is a reliable asset for stability."
#60
OIN Finance
4.0
(1)
"I think USDC! OIN Finance is one of the best stablecoin projects out there as well!"
#61
Convex
4.0
(1)
"Convex and anchor are both great with high yields"
#62
Depo
4.0
(1)
"You can get 80-90% apy on usdc and usdt at depo.io"
#63
Celo
4.0
(1)
"Currently im interested in Celo, ‘their’ Mobius.money is focused on stable pools"
#64
Glide Finance
4.0
(1)
"GlideFinance.io has a BUSD - USDC pair for 73%."
#65
EEUR
4.0
(1)
"I use EEUR on Cosmos Chain."
#66
Curve.fi
4.0
(1)
"Curve.fi is another nice one 13% apy in ONE right now."
#67
DIvi
4.0
(1)
"I recommend that you observe DIvi."
#68
TGBP
4.0
(1)
"If your in the UK, TGBP"
#69
Djed
3.0
(1)
"Djed, if it rolls out by that time."
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