Maybe every public chain without a stable coin will vanish eventually. Any ideas my friend?
there is no relationship between these stable coins and cryptocurrencies. so this question doesn't make much sense to me. the fact that these coins using another chain (like Tether using bitcoin blockchain) doesn't mean the main chain is relying on them!
stable coins are only satisfying a need that exists right now. the need to first transfer money between exchanges without needing banks and second the need for something stable in market that is extremely volatile specially altcoin market.
if some day that purpose could be achieved with banks (like having faster bank transactions with lower fees and little to no KYC) then stable coins would die overnight.
I think one reason people don't think stable coins related to cryptocurrencies is that most stable coin solution is centralized.But if we have decentralized table coin solution using PoW to produce every stable coin and only with market to balance the stable coins' price and supply.I think that would be a good solution.What do you think of this solution?