The market is dumping currently, and all of us are trying to save our funds, one of the best ways to not get REKT is to convert your cryptocurrencies into the stable coins.
For a moment just keep the stable coins aside, do you think that converting the bitcoins into stable coins will save you from being REKT ?
I do not think so. If are good trader and you know bitcoin can dump, then you would have converted into stable coins between 8 - 9K. But those who did not convert at that time and if they convert them now at 6500$, it is too risky as bitcoin can bounce back and then those who have converted will be at loss.