Colin pfp
Colin
@colin
What are best practices for making use of a large amount of stablecoins? Eg received as part of a VC investment. Ideally Iā€™d like to minimize fees. Open to not only off-ramps but also other applications that can convert stablecoin into [other thing].
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paulx.eth pfp
paulx.eth
@paulx
consider diversifying ur stables: - USDC: gold standard, but centralized - USDT: high liquidity, also centralized, & less transparent - BUSD: Binance pushing hard - DAI: more decentralized, but subject to makerdao gov challenges - LUSD: full decentralized, but not as liquid *above is non-exhaustive list
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