I don't really find the reason how stable coins are beneficial in the market? Can someone quote and answer this question? but I guess this stable coins will going to help large business investors who entered the market.

Yeah, those thing is unfamiliar to me. Maybe, I need to know more about this crypto currency ( all I knew is tokens and altcoins ). That's why I always visit some website like coinmarketcap.com and etc. I am well satisfy on those website if I want to monitor those stable altcoins where I invest with.

But this thread caught my interest as a crypto user, please give me time to know it.

I have already said many times that projects that are now trying to develop stable coins in the future can simply close very quickly, because the regulation simply does not exist today, and as you know, where there is no regulation, there can be anything

Stablecoins are good only they are having exact value backup for their circulating coins. But, we need to consider that all the governments are printing money only based on their gold reserve ? As far as I am concerned, many big government also not doing so. They are simply manipulating based on their situations and requirements then why not those stablecoins devs too. Tether is showing out periodically their audit reports, but I'm not sure how crypto people are crosschecking it with respect to total circulating coins.

The rise of stablecoins may disturb the entire balance of this crypto-space but this also a part of this decentralized environment. and particularly we cannot do anything about that. Because, here even utter jokes are finding it's success and proper projects are failing down. Promotions alone are enough for achieving all the needed things.

Oh really late on this ....

But you could easily force people to do so when you have an exchange to back you up and they can acquire it pretty easy.
Then you either force the other stable coins out and introduce your own or just make sure to manipulate volume so they move to it.

Then other exchanges will add your coin (via bribery or pure out of customer demand) and you're set.
And GS has both the power and the money to make it happen.
USDT has been around for a long time but...at 96 cents it was;t that much of a stable coin.


Too many 
And be prepared to have some more.

A friend told me that some exchange in Romania has launched its own stable coin or stablelion. (god how this sounds in English    ).