Saving the crypto in USDC, USDT doesn't sound like good strategy either. You need large sum of money in the USD-pegged cryptos with ETH gas fee covered. Imagine keeping anything below 50USD in USDT or USDC. You would be losing money in the ETH gas fees. Though they(ETH fees) are reduced a bit these days. You need to meet two criteria's: 1. You are parking this money before FIAT conversion 2. You are keeping this money as a day trader or something to compensate movement loss. Any idea why some people are parking their ETH into the BUSD, USDT or USDC?
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perhaps its a taxation move. i know in my country, conversion from one type of crypto to another is still a taxable event, but i imagine there are some countries that only care about conversion into a fiat currency, and using stablecoins avoids the issue.