Stable coins are a necessity in the highly volatile market. It may not entirely solve the problem but it helps in managing risks. I believe stable coins will hang around for a while because its obvious that this market thrives on volatility which influences profits and loss
Agree. If Stablecoins wouldn't had been invented in the first place, investors and traders would've been troubled with the volatility inherent within the crypto market. With the inception of Tether (and now several other Stablecoins), investors can rest assured that their investment is always worth the price of a USD. Of course, this approach is not perfect, as we've seen that sometimes prices fluctuate below the $1 mark. But, it's the best alternative out there for those who don't want to cash out their crypto into the Bank.
Knowing that Stablecoins provide ease-of-use for the unbanked people, makes mainstream adoption widely possible. If Stablecoins always manage to remain pegged to the USD, then there shouldn't be nothing to worry about. Otherwise, there would be no sense of acquiring Stablecoins if they turn out to be as volatile as other cryptocurrencies. This situation happened with NuBits where now it's still struggling to go back to its original price of $1 USD per coin.
Nonetheless, it's hoped that Stablecoins would change our world for the better as they merge the good stuff from crypto and Fiat within a single currency. Just my opinion
