Ah yes, stablecoins that are very well known to keep their values stable over a long period. It's not like one of the top five stablecoins is just going to evaporate into thin air over a week, right?
That’s just wordplay, algorithmic stablecoins have been problematic and crashing since the beginning and a big one just crashed. Call me when USDC or DAI crashes - specifically not Tether because it’s arguably also undercollateralized.
USDT is a centralized stablecoin, same as USDC.
So in your argument that comes quite close to "No true Scottsman" fallacy, what is the exact criteria that you are using to separate out the "stable" stablecoins from the "unstable" stablecoins?