l think stable coins play an important role in the crypto world. However we should be aware to choose stable coins, there are a lot of stable coins, but l think it is also important to choose one of them, which is the best safety. l prefer choosing the most popular stable coins like tethers.
There is no doubt about the importance of a stable currency in a highly volatile market but the problem is that i am not convinced with the stable currencies we have in the market especially the so called stable currencies like Tether and BUSD as you cannot even have a transparent view about how they are pegging the coins and whether they are holding the reserves that they claim.