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?
For the volatility of the top cryptocurrency increases, stable coins are the heroes that we can rely our investment into. Just thinking about a sailing boat, these stable coins are just a floating barrels, yet small, but a life saver when the big ships sinks. That is an analogy of how we can use these stable coins in the market in an efficient way.