What are the safest Stablecoins?
"Security" in stablecoins is mainly measured by three factors: transparency of their reserves, regulation, and liquidity. Although no investment is 100% risk-free, these are the three safest and most reliable options available on Binance:
1. USDC (USD Coin): The most transparent and regulated
For many experts and institutions, USDC is considered the safest stablecoin in the market.
2. FDUSD (First Digital USD): Binance's trusted bet
Since Binance stopped issuing its own coin (BUSD), FDUSD has become its reference stablecoin.
3. USDT (Tether): The most liquid and resilient
Despite having faced historical criticism regarding its transparency, USDT remains the largest and most used stablecoin in the world. Furthermore, it is the easiest to exchange for any other cryptocurrency or local currency (P2P) anywhere in the world.