> I am not going to use just any stablecoin, only the one most widely accepted.
But why?
Due to the existence of decentralized exchanges, all stablecoins are effectively equally widely accepted. Some blockchains even make it fully transparent by handling foreign exchange in the background for every payment where it's required, and for the ones that don't, most common wallets provide a "swap" feature directly in their UI.
Given that, why would people not hold the one that preserves their purchasing power best and that they have most trust in?
But why?
Due to the existence of decentralized exchanges, all stablecoins are effectively equally widely accepted. Some blockchains even make it fully transparent by handling foreign exchange in the background for every payment where it's required, and for the ones that don't, most common wallets provide a "swap" feature directly in their UI.
Given that, why would people not hold the one that preserves their purchasing power best and that they have most trust in?