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?
Big platforms like Tron and EOS already announced their own stable coins. I think they want to cut a piece of Tether capitalization and control it by own. But as for me, we need more projects like Maker DAO with their autonomous decentralization stable coin DAI. This platform already works great and this a future.
It looks like you never watched the latest news that happened in the crypto. Tether officially migrated to the tron network and tether will be a part of the tron network. I never heard EOS has created its own stable coin because it doesn't popular as tether. stable coin can be manipulated so easily.