Interesting explanation, I think the idea behind stable coin is an illusion, because no currency is totally stable, not even gold. But technically, yeah they make sense. I think I like stables that are pegged to other cryptos algorithmically, like how HBD is pegged to 1$ worth of Hive, and the mechanics behind DAI, it the idea of stable coin less boring, plus the more decentralized the better
RE: Do you know what a stable currency is? Come on, I'll tell you! part two by Karupanociten