Let's discuss the potential effects of stable coins which are bound to usd or eur. We usually use them to avoid the volatility or short bitcoin in a way. There are many stable coins in the last year. By writing threat, I didn't mean issues like tether's issue. I mean, they are not coins, they are just usd and eur.
This is great topic that's pretty on par with the recent G7 article that was released? I'm assuming that is what prompted this thread - right?
I believe comparing stablecoins and Bitcoin is basically comparing apples and oranges. They both have different functions and are used for different things. The only correlation they might have is when Bitcoin investors want a safer option and therefore convert their funds to USDT or other stablecoins to hold the fiat value of those coins.
Otherwise, it doesn't really impact the market and won't change Bitcoin - completely different things here.