A stablecoin isn't a store of value. It's an instrument for holding pretend Fiat. It's a way for holders to pretend they are the Fed, and say "Now I have USD! You can have it. Just sell it back to someone else eventually because it's pretend."
It's an index basically, not an actual commodity.
(Except of course in the sense that Everything Is A Commodity in the crypto world.)
It's an index basically, not an actual commodity.
(Except of course in the sense that Everything Is A Commodity in the crypto world.)