There is no stable currency in my world, and many crypto claim that they rely on fiat money to price, but the truth is that when people sell it, its price may collapse!
Stablecoin should only be applied at large exchanges as it will be much more stable than new Stablecoins. Most people are following this trend more and I find this is a very bad idea because no one can prove the value of Stablecoin and will make investors face many difficulties in liquidity.
Stable coins is not going to happen because there are some peoplw sell their coin, so if that happen surely the next happen proce will be decrease. But many people buy the price increase same as when they hold their coin. I don't believe in stablecoins because day by day many people buy or sell their coin, and it cause changes in the market.
When the State experienced stability in the development of coins will be very capable to generate more profit. In addition the State is on the rise is capable to support the progress of the market Cryptocurrency and affect the speed of the market.