It's hard for me to understand why there are so many stablecoins in the market. Especially now, when the scam threat of usdt has passed. On the other hand, healthy competition always benefits the market, the main thing is that they do not turn out to be scammers, because this could collapse the market.
One should always remember that Market is very Volatile, it is unpredictable, yes, price value goes up and down as we experienced on the recent market crypto status as posted. But market correction always follows after the drops..