Artem_Dishel

STABLECOINS ARE DYING! What's next???

COINBASE:USDTUSD   Tether
Yesterday we saw a huge plummet of ust (terra) stablecoin.
Because of that Luna dropped 99% and currently is traded under 0.15c

If you check other stablecoins, you can see that there is a lot of volatility lately and slowly but surely they start tanking down.

What does it mean to us?
1. Stablecoins aren't stable anymore
2. It's better to wait the storm out in fiat
3. Usually, such instability happens before huge BTC drop.

On the interesting note we can see that BUSD is holding stronger than others, and binance is really committed to keep it that way. If it holds, while others will fall, it very easily will become new #1 stablecoin.


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