>>383485598>stablecoins aren't stable
Explain to me how depegging UST and MIM means all stablecoins aren't stable.
Anon, the idea isn't to peg to USD in my explanation. You realize that USD pegs, although plenty are still doing perfectly fine like USDT, USDC and DAI, isn't what I'm describing, right?
There are other examples out there I could point to, but I don't feel like being that nice to you when you don't even seem to understand the basics and can't be bothered to even try to pretend like you come here often enough for me to not mock you.