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I no agree with you Cynthia. Domiciliary account beta pass stable coins. Person fit open domiciliary account and make im savings in USD, EUR, or pounds for a longer period of time and as di value of naira dey fall naso your money go dey gain weight. You go fit keep stablecoins too and get di same benefits but stablecoins fit fall your hands anytime. Dem dey centralized and anything fit happen anytime, that's why it's advisable to spread your portfolios (USDT, BUSD, USDC etc.) across if you're going to hodl for a longer period of time. Project owners of these stablecoins fit remove liquidity or government fit go after them and naso di project go just crash. A good example of stablecoin wey crash na TerraUSD (UST).
The fall of Terra
https://www.coindesk.com/learn/the-fall-of-terra-a-timeline-of-the-meteoric-rise-and-crash-of-ust-and-luna/Really, stable coins or shitcoins are just to increase the number of cryptocurrencies in the blockchain, they are not comparable to some fiat currencies. It is only few of the Fiat Currencies some shitcoins might pass. So I also disagree with the op on that point. When you save in those international fiat currencies, your money is well save at all times but saving in stable shitcoins is at the owner's risk. If na me I will prefer saving it in fiat than shitcoins. And the most preferably is bitcoin when you save your money there and you understand the market , you will sleep well with all eyes close.
Apart from Terra Luna coin, shitcoins are not valuable like bitcoin so investment in shitcoins is like in the sea which you can lost all your goods for an unknown winds, storms so you have to bear all those risk in it.