Wholeheartedly agree with what you said here, taskmaster4450. I wrote a piece on the LUNA/UST meltdown and the repercussions it had on the entire cryptocurrency space. Back then (late-May), I took note of how much "value" was contained within the Big 4 remaining stablecoins: USDT, USDC, BUSD, and DAI. The total value contained within those 4 assets totalled over $181,052,631,878 USD. Out of the total marketcap for Cryptocurrency assets of $1,130,701,364,598.82, those 4 coins make up 16%. Just imagine what happens when people flee USD Tether and USDC once they realize what's coming for them (stemming from the latest Tornado Cash freeze & asset seizure from the feds).
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