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?
We already has a lot of stable coins, not only USDT. Some of them are good like USDC, PAX, DAI, TUSD. So if you dont like tether those will be your choice, but in my opinion - USDT is good, there are a lot of FUD was around it, but it still in top-10 cmc. And the last Bitfinex IEO (LEO) showing us that if Bitfinex needs money to solve the problems, it can raise it very fast and it is good.