[everfree]

If a particular stablecoin can be shady and still carry a large amount of volume, why does it logically follow from that that no stablecoin should ever be trusted? The logic behind your assertion of cause and effect doesn't make any sense.

That logic is like saying 90% of torrent activity is related to piracy, therefore nobody has ever used the bittorrent protocol for any legitimate purpose. There is no logic in a statement like that.

[Retric]

Trust in stablecoins can be broken by the actions of any one stablecoin.

Trusting a specific stable coin can be independent of all other stable coins.