Stable coin fiat or stable coin gold

They have the same risks because they are not actually fiat or gold. They are not the real fiat or gold price but pegged.

Some people prefer to just hold stable coin like USDT, USDC for fiat or PAXG or XAUT for gold during bitcoin bear market, which one would you prefer?

The reason I asked this question is that I am holding stable coin gold this bear market and it is better than stable coin fiat.

Post your opinion.