The difference between SBD and Tether is, that SBD is completely transparent and in this regard more predictable and honest. It would be cool if people would be using SBD instead of Tether, but at the moment SBD lacks a mechanism to peg it down to $1 if it goes above $1 on exchanges. This was a deliberate choice to not peg SBD when it is above $1.
The difference between SBD and Tether is, that SBD is completely transparent and in this regard more predictable and honest. It would be cool if people would be using SBD instead of Tether, but at the moment SBD lacks a mechanism to peg it down to $1 if it goes above $1 on exchanges. This was a deliberate choice to not peg SBD when it is above $1.
They traditionally haven't been very good at doing their job have they?
For now i only trust usd on Bitshares dex.
just use true usd or sbd they are audited so you can't be scammed like with tether
Correct, but SBD hasn't done a very good job of being a stable coin. It has traded above $1 more often than at $1 over the past year.