On the other day, I think of the use of stable coins. I mean, when can we use Stable coins as an alternative fiat. You see when a bull run comes and everyone will start to sell their Bitcoins and some other coins into fiat the network will be congested.
So I think if we buy Stable coins with some stable volume, we will no longer need to worry about unable to sell our bitcoin into fiat.
Rather we only need to do this thing right? is this some acceptable alternative or no?
This is already in use this way. A lot of account owners of trading platforms for example are not allowed to move USD from and into their exchange accounts and so they are using stablecoins like USDT instead. There are certain reasons why stablecoins like USDT have a high volume, in fact the highest if I am not mistaken, considering this situation among others.