how does this boost ADA's price though? (the stablecoin)
Perhaps it was the hype that might push the ADA's price in the future. We all know that everything here is based on hype and ADA is already a solid project to begin with.
And now with their supposedly stablecoin joining the competition, maybe in the beginning it will boost its price specially as we are approaching the next bull run in 2024-25. So yeah, ADA is still a good coin to invest, to be honest, this project is one of the best that I did put my money in 2018 and I was happy for the profits that I got. So the same strategy for me, invest as much as I can in this project and look for long term.