It has a future when it's backed by a real dollar but it has no future when it was avoiding any audit just like tether when it has stated if the company maybe didn't have enough dollar funds to back the total USDT that already available in the market.
Completely agree with you, mate. If a Stablecoin proves to be backed by a real dollar (USD), then there should be nothing to worry about. On the other hand, Stablecoins which try to avoid being as transparent as possible, are sketchy to any serious investor out there. Tether is a good example of a Stablecoin where its claims of being backed by the USD are quite dubious.
Which is why, if you're looking into serious Stablecoins that have a bright future, I'd suggest that you look elsewhere. In today's market, hundreds of Stablecoins have emerged with the purpose of bringing the convenience of Fiat to crypto users. But only a few seem to have a greater chance of survival after all (like the Gemini Dollar, and USD Coin).
Nonetheless, Stablecoins will have a bright future only if they become widely adopted within the mainstream world. Just my opinion
