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 if there is a lot of stable coin in the market many company will accepting it as a payment system because with stable coin they secured that they will not deficit due to market volatility, stable coin also helps us easily to convert crypto into fiat.