Terra's UST is an algorithmic stable coin which is why I like it. I am scared about Tether, does it have that much cash? the likelyhood of everyone pulling out at the same time is slim though.
Tether going down would draw every stable coin down. I haven't checked but I would compare how many trading pairs on the large exchanges allow crypto/USDT versus other pairs.
That is a very ugly chart and I am glad I did not join in. Was the dividends worth buying it? I haven't heard anyone really talking about CAKEPOP anymore.