Of course it is possible. There are many stablecoins in cryptocurrencies, such as USDT, DAI and many other stablecoins. They do provide convenience for our daily transactions. Enrich the types of cryptocurrencies. So the stablecoin has already been realized.
especially when the market is in a downturn. You will see how USDT and other stable assets have high adoption. price movements will not occur much because they will always have the same value. but when you see a stable coin moving many people think that a stable coin doesn't really have a fixed value.