Agreed, however, what is the cryptospace if it is not being developed to avoid converting to fiat.
It's just the reality of things as of right now that most merchants only accept fiat, which means for lots of purchases, conversion back to fiat is necessary. The more private and more 'in the spirit of crypto' we can accomplish this, the better.
Also, by using stablecoins it brings to the community a better solution for fiat. It is permisionless, borderless and can be cheap to use. But I agree to the cons also after what happened to Luna and UST.
This makes no sense after your previous statement. First, you like the idea of replacing fiat with crypto, but then you also like crypto that is 'stable' which means 'pegged to fiat'? If we want to get away from fiat, we can't promote 'digital fiat'..
Unless a stablecoin exists that is pegged to 'purchasing power', which I don't think exists as an established index or anything like that.