Some friends of mine always lament that 'we need more stable coins in the cryptosphere' and I think that is highly achievable looking at the promising prospects that has been achieved by tether. It seems some upcoming projects are also promising to introduce stable coins. Is it possible to have more stable coins on the crypto market? What would really happen if we get more stable coins on the crypto market, would the volatility reduce?
I think people will argue to need stable coins because they suffer losses from the coins they have before or their coins keep falling and falling. But, in my opinion, the uncertain market price that can go up and down anytime is very necessary for investors to determine when the point where they will buy the coin when it's cheap and sell it when it's expensive, if the coin is more stable I think it will be a little difficult to get a big profit.