>The day that tether, and all of the other "stablecoins" die. Typical hn comment, miss crypto opportunities and so decides to fantasize about everyone losing mo

>The day that tether, and all of the other "stablecoins" die. Typical hn comment, miss crypto opportunities and so decides to fantasize about everyone losing money so you feel better with yourself. FIY, there are many stablecoins out there that use different ways to keep the peg and others that are simply more trusted and secure. A good way to find out what is actualy going on, is to look a Uniswap info (which is the most honest data out there) and you will see that people have elected USDC and DAI as their stablecoins of choice. A reminder, cryptocurrencies are usualy based on consensus, everyone knows tether is parcialy backed after some of their funds were siezed by the gov. DAI has held its peg even when ethereum tanked, usdc has been transparent. Both have nothing to do with tether. No cryptocurrency will not die, not all stablecoins will die (some probably will) and no santa is not real either.