Currently seems every project or crypto company wanna create a stable coin now, except USDT, currently we have GUSD, TUSD, PAX.
But do you think it's really necessary to have so many stable coins?
I used TUSD whenever the market is really unpredictable. It works and help my fund at least be safe for a while. It is really necessary especially when you are aware that the market will eventually fall and you have to save your coins. I must say that it is very useful for a trader like me who wish to stay calm when their price fall.
The benefit for investors from such projects is undeniable, it will not be superfluous if such coins become many times more, they perfectly help out in difficult times for the crypto currency