I don’t understand the concept of “stable” coins. If one is speculating in crypto, which isn’t an asset but a speculation, that one can find someone down the road stupider than you to bail you out for paying someone else who sold it to you, why would anyone peg it to $1. You buy crypto to speculate not for stability. If you want stability you buy something pegged to a dollar like a money market fund or pegged to gold if inflation is a consideration. So you buy a stable coin that isn’t so stable after all when crypto starts to reflect it’s true value(zero) and then wonder why it no longer trades at a dollar? Duh!