Stablecoins are cryptocurrencies whose value is pegged, or tied, to that of another currency, commodity, or financial instrument. Stablecoins aim to provide an alternative to the high volatility of the most popular cryptocurrencies, including Bitcoin (BTC), which has made crypto investments less suitable for common transactions. (Investopedia)
This graph shows the pegged value of the main stable coins. Ideally, the value should be 1:1.
In this crash scenario, I will stay alert on these values.
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Stable Coins: Amount of Assets Held by Whales
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Missing HUSD, Huobi's stable coin that lost Peg...