What do you think about stablecoins, some scandals around them and their future? It is interesting to hear the opinion of the members of bitcointalk
It should be borne in mind that most of the current stablecoins are backed by fiat, the currency of states. Therefore, stablecoins do not protect us from the current high inflation. This does not affect the number of stablecoins, but it is aideous for their purchasing power. It automatically declines along with increasing fiat inflation. So fiat-backed stablecoins are not a good way to keep your money. They should be considered as a necessary auxiliary tool when working with cryptocurrency.