I think that any currency has a certain role and influence in the cryptocurrency market.
Stablecoins have a huge contribution to the market and to investors, without stablecoins, the market is very difficult to thrive as it is now.
Stable coins have a huge impact in the industry, that is why they are on the top standing in the market and they are on every exchange and chain, this is a coin to look for to trade when the market is crashing I have all my coins traded to stable when the market is crashing it softens the impact of the bear market because you know that your portfolio is not going down further.