I agree with Franky and I also think that stable-coins aren't a great store of value. But, still they are important to exist in the crypto-space because in the world of crypto-trading the stable-coins can play very important role for the traders. Those coins are dollar stable and in the times of bear market converting our other coins to stable-coins is a wise choice.

However, they aren't going to be volatile like Bitcoin and other Altcoins, but they will still have a good role in trading because in times of bear market the stable-coins can save a trader from huge losses. In bear markets when all coins lose their value the stable-coins are the ones we can rely on.

But, those stable-coins have no place on Bitcoin blockchain and they're just as a way for the haters to cause congestion in the network and nothing else. If they were really useful for the Bitcoin then Satoshi might have added those in the initial days of Bitcoin.

I think that most of those stable-coins are useless and they aren't beneficial at all. They're just launched to grab some money and are the ones that will fail because of no good use case and less adoption. I remember the time when Terra UST was de-pegged and many people have lost billions because of that so called stable-coin. So, it's always preferable to go with only those stable-coins which are still proving good benefits for the traders and have wide-acceptability.