Right, but in moments like this, people sitting in USDC have nowhere else to go. Looking at the stablecoin markets right now, there are two choices... USDT or

Right, but in moments like this, people sitting in USDC have nowhere else to go. Looking at the stablecoin markets right now, there are two choices... USDT or BUSD. Or, BTC/ETH, which explains why those are currently up and everything else is down.