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.
I don't know why people think that stable coins are a threat to bitcoin. Infact they are playing a bigger role to helping to solve the problem of high volatility in the cryptospace that has left most traders with losses.
If Stable coins are a threat to BTC, then why is the Bitcoin dominance currently at 66% compared to 2 years ago where it was at around 30% and yet there was no stable coin hype at that time?