I thought that since the bitcoin market is currently down, I converted some stable coins to bitcoins. Some time ago I saw a news that the USDC price went up and down. But I am dependent on Bitcoin.  Circle said in a tweet on Friday that Silicon Valley Bank (SVB) has only $3.3 billion of the $40 billion in USDC reserves. The company mentions this in a blog post.  That's why I think stablecoins hold 4-5% of the dollar.  And the rest of the assets I converted into bitcoins and a small amount I mentioned in my post. 

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So I want to know from you guys, am I on the wrong/right track?