USDC was prone to problems from the start I do not know why people thought it was stable and would be around forever. Bitcoin is the only cryptocurrency worth investing in and stable coins are not stable they remain stable until people get bored and stop buying and then they collapse. I do not think USDC will collapse this time but in the next 5 years it will not exist. Bitcoin will exist and will be more stable because it is still around when USDC will not.
Yeah, imagine if someone came out with something like beanie babies and said "I'll sell you this for four dollars and it will always be worth four dollars". You'd look at them like they were crazy.
