Also, why do you need a stable coin ? If you can't pay with Bitcoin for you coffe, who cares ? I mean, it is just like gold, you don't walk around paying with gold, but you know it has value.
I just can't see a clear disadvantage on being too volatile, something that could make ppl loose interest on Bitcoin. I would like to hear opinions on that.
you don't use gold
(anymore) for paying anything these days, gold has become store of value and for hedging
bitcoin was made in the first place to be used as peer-to-peer currency, it enables borderless instant payments
to function as currency, a stable rate/value is needed to also guarantee stable use in trade economics
bitcoin has now becoming more and more as commodity, store of value or even investment