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 think it is necessary if we limit the number of stable coin into one crypto only, so that people will be organized when it comes to market downfall, we can trade and sell our cryptos to stable coins. But if there is too much stable coins, still the volume of our money is diverse.