Could massive crash impact stable coins? like USDC or BUSD
It's better if you watch whole chart of USDC or BUSD. There were some times when these stable tokens worth less than 1 dollars. that proves that massive crash can give impact to the price as liquidity got drained and the price traded below the stable price.
For example if we will have a massive crash due to regulation and BTC is going to 5-12k how would it effect stable coins?
Those bitcoin holders may dump big chung of bitcoin that will drained liquidity from the market and dumping the price of stable token if there would not be enough liquidity