People are joking that Bitcoin is the new stable coin because it hasn’t moved much recently despite US equities entering a correction. Meanwhile many big name stable coins have been released at once. Is this stable coin season?

Initiative Q is offering free “money” (“Q” in this case) to get you and your friends to sign up for its managed crypto-like payments system. Their site says all “Q” should be worth $2 trillion dollars. BIG RED FLAGS here folks. Let’s go over what Q is, some warnings, and how to sign up safely if you are determined to do so.

The recent sell of in the stock market hasn’t had any significant impact on crypto prices. This is one bit of evidence that crypto may be an uncorrelated asset.