I'm just curious, why do exchange always attempt to create new kind of cryptocurrency that can replace USD?
In my opinion, It's much better if you can just convert it directly to USD, so trader may assure that their money in the trading site is really equal to 1usd.
What is your option on this matter?
In fact, stable coins are very convenient to use. Sometimes it becomes necessary to simply withdraw funds from cryptocurrency, but without transferring them to fiat. This may be, for example, when the cryptocurrency begins to fall in price. Or it is just necessary to withdraw it urgently for transfer to another coin, however, its not yet time to convert to another coin. Or you need to convert to a certain coin, and there is no direct pair for exchange. Such cases can be many. Therefore, in these cases, stable coins are irreplaceable.