Some companies create new stablecoins, why do we need them? if key is already there. I hope they will not be as much as conventional cryptocurrencies (more than 1500) of which most scams.
The main purpose for stablecoin like USDT was introduced waa due to veey often big fluctuations in Crypto market , so that you can convert your assets in a stablecoin to not get into loss , but yes there are so many stablecoins now though I only use USDT & TUSD
