Quite interesting seeing USDC, which was considered one of the safest stablecoins before the depegging losing market share to its rival Tether after the event.
However we shouldn't also forget that the stability of stablecoins like USDC and Tether is crucial for their users, and the recent depegging highlights the importance of instant liquidity for these assets. As the article mentions, long-term lockups are not an option for stablecoins.