For me, I'm not a big fan of stablecoins because they are dollar-pegged coins. I don't think the government will ever support any of the available Stablecoins because the government wants total control over its own cryptocurrency. Unless if they can fork one of the available stablecoins based on certain agreements. I'll only use the stablecoin to get out of the market when I feel like the market is not looking healthy.
Agreed. That is the only reason I deal with stable Coins to get out of the market or save my investment when the market is going down. I don't understand how some investors will thin that the government will support stable coins because for now we know most government don't want cryptocurrency because they don't have full control over it and I believe until they do, crypto will continue to be an anomaly to them.