This could be a major development for stablecoins. Stablecoin trading pairs, for example UST per ether (ETH), account for a vast majority of cryptocurrency trading volume and beyond that have potential payment use cases. As the economy, crypto or otherwise, increases reliance on stablecoins, the reliability of their peg becomes paramount. A major stablecoin project moving to bitcoin support could prove a useful development in the digital fiat money journey.