There has been a release of many stables coins recently. What are the differences from each? So far I know that Tether (usdt) is based out of the US banking system and everything else is in the US banking system and regulated. Also I read that the USDC and GUSD has a back door system to freeze and hold accounts if they wanted to. I wasn't sure if PAX had this same thing. What are all the listed pros/cons of each stable coin?

1 Answer 1


Indeed, USDC has a backdoor built in to allow for the freezing and/or seizure of funds if it is believed illicit activity is involved. In other words, any address can be blacklisted and funds frozen. Not very stable for a stable coin, right?

  • which stablecoin is the most "stable" out of all of them then? Commented Dec 21, 2018 at 19:37

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.