Stablecoins are like cash equivalents in Crypto. There are the cornerstone in Crypto and the so called safe heavens in Cryptos. There are many stablecoins in the market. The more prominent “collateral backed” stablecoins are USDT, USDC, BUSD, TUSD etc. Kindly note the ” ” in my previous statement. There are many stories, FUD, reports about how much these coins are really backed. No one really know. Of course there are also other stablecoins such as your Excellency Justin USDD algo-stable coins and the famous collapsed UST etc. Let’s look are the top 1o stablecoins in term of MarketCap. Currently in terms of Marketcap, the biggest stablecoin is USDT. There are many many FUD about USDT. Will USDT really collapse or depegged? If it really collapse, can you imagine what will happened to the other coins, even the “bluechips” coins such as ETH and BTC? Of course, it may happen or it may not....