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?
in my own observataions there are lots of trading pairs with stable coins, well for me at some.point it protect the investors from possible losses but if we hold this coins, we could not expect that we can gain a profit from.holdinh it.