RE: Dry Powder: Out of Sight Out of Mind
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I don't really pay too much attention to stablecoins besides HBD. That isn't to say I don't hold any USDC and stuff like that, but I don't really follow it like I do my other tokens.
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Yeah I mean why would you stablecoins are boring as hell and basically either work as intended or fail spectacularly. Hilariously enough the reason for creating algo coins (USD is too risky and printed out of thin air) didn't exactly work out as intended. It would seem as though it's the algo coins that have a tendency to collapse to zero while the 1:1 pegged coins are doing just fine.