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?
Stable coins have been in the space for quite sometime and in the year 2018 more were launched in the crypto spaece, at that it hasn't reduce the volatility of cryptocurrency, adding more stable coins will not make cryptocurrency stable so more stable coins is not needed.