With this possibly upcoming crisis in mind, what you guys think about investing in stable coins standardised with fiats?
Is is even a thing, that they will sink like a stone, just like fiats will? Are there any mechanisms that can protect such stablecoins?
Or maybe, I have a misconception of the reasons for their existence and nobody is actually hoarding st.coins?
While there are hundreds of other coins to invest in the market, why invest in stable coins? The cash you have in your pocket is more reliable than them. They are backed up with the money you invest in them. It seems that they have systems to protect it for now, but that is not collateral to the next days. I think it is best to stay away from stablecoins.