Prior to the current events of LUNA/TUSD crashing to 0 everyone was hyping it around here and having only strong words about those two. Considering what happend this week, what are the chances of the same happening to other stablecoins? Or better said, why can’t it happen to other stablecoins.. let s say USDC, BUSD because those two are also hyped around here and they have a pretty big market cap aside from USDT which is the most popular.
I see alot of hate towards USDT yet it never crashed and withstood all the bearmarkets and the most hyped stablecoin as of recent times (TUSD) fell apart at the first glimpse of a bear coming out of the woods. I am really really worried now about the whole situation.