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?
It will take a lot of time to take crypto, specifically stable coins, to replace the functions of fiat. Many people in this industry still needs fiat to live in everyday basis. But I also do share opinion of using stable coins in this way is the best way to use it. I also do hope that the use of this kind of financial activity will be seen more often in the society. It is still a long road, but it's all worth the effort.