You have explained in details the mechanism that governs the issuance and supply of stable coins in response to their demand. This is very complex task to maintain the value of stable coins such as DAI, USDT or USDC close to 1 US dollar. Which is very crucial for the stability of the market, if this peg is broken, it can cause significant disruptions in the market. We have witnessed collapse of UST token of LUNA foundation rapidly losing its value to the extent of 99% when its peg was broken.
The demand of the stablecoin in the market is general mechanism and its important they exist in the system. The value of these projects are acknowledgeable but on the other hand, always make instructs that will be safer for everyone of us. The stability of the market is based on the projects opposed and also volatility triggered. We've witnessed how these trembling dump projects in the space but we should also know what's coming in.