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
Stablecoins prevent us from making losses during the bear season. I agree with your opinion that they are a good way to keep money. There are also interest yields. In this respect, we have to admit that they are advantageous.
However, cryptocurrencies like Tether receive a lot of criticism for being centralized. Also, algorithmic stablecoins have failed for now after the Terra-Luna scandal. Therefore, you need to be very careful when choosing stablecoins.