Thats very interesting,

Crypto becomes more and more connections to classic finance. So the correlation should become bigger too.

But that's nothing bad.

Tether on the other hand knows only 1 direction, print more tokens. Like nobody ever cash out.

Many people claim "Tether fud is out for years", but 2017/2018 Tehter had a really low market cap compared to today.

The tether would not bust if there is no alternative, but if there is one, it could be. Simple because people want to store their value in some dollars.

What do you think, will exchanges make USDC to the tether replacement in a long run?