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?
As everyone goes crypto, I think the need to have stable currencies is becoming a necessity, this is because many times people can spend their money to USDT or Tether that are normally trusted, now there is a series of conditions that have to do with mixtures and not just USD, This suggests that more stable currencies will not be in sight as is tether, other currencies will not be taken into account in the face of a possible massive crash of cryptocurrencies, which , for stable currencies will be an easy resource for refuge from monetary resources that are not so linked to bitcoin.