Everyone thought all stablecoins were going to collapse after Luna and now everyone thinks all exchanges are going to fall after FTX. Don't feed into the panic.
<!-- SC_OFF --><div class="md"><p>After Luna fell, multiple posts and discussions claimed that all stablecoins were going to depeg and collapse. People were posting that tether and usdc were a penny short of 99c and not at the dollar mark. Tether was in the hot seat as the price of coins fell all around but, fast forward one week, nothing happened and other stablecoins were fine. </p> <p>Now with FTX falling, everyone is in panic thinking the same will apply to all exchanges. Multiple posts tracking exchange wallets and over analyzing movements. Give it a week and everything will be back to normal.</p> </div><!-- SC_ON --> &#32; submitted by &#32; <a href="https://www.reddit.com/user/LactatingJello"> /u/LactatingJello </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yujxsl/everyone_thought_all_stablecoins_were_going_to/">[link]</a></span> &#32; <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yujxsl/everyone_thought_all_stablecoins_were_going_to/">[comments]</a></span>
