It will impact in many ways, the role of stablecoins in this market has been an integral part.
I think stablecoins will have a positive or negative effect depending on the current market trend.
The market trend has absolutely nothing to do with the situation of stable coins. I would love to hear your reasoning that led you to your post... Nah, better keep it to yourself.
Stable coins are a perfect bridge between crypto and Fiat and they will be forever. Just the technology that those stable coins are based on will vary and change over time. There are already several approaches to providing a stable coin, most of which are centralized.