I often see that beginners do not understand what it means for a blockchain to have its stablecoin.
THAT'S RIGHT, it can be good and bad, depending on how investors will react to it and what factors will influence their decision, whether external or internal. I am not referring to roles of two, three or four digits, but those much larger ones. So don't get me wrong, but people who enter such a sum have no influence. yes, but the community must count up to millions of active members who will hold the value and not sell it to earn $100.
simply, everything you learned about decentralization, with the introduction of stablecoin, that system is partially abandoned. which is fine on the one hand because governments will not allow complete decentralization. This is exactly why I favor XRP, but don't be fooled ETH also owns its own and look how nicely it serves it.
Having a stable coin and a cryptocurrency on the same blockchain can provide diversification benefits. Stable coins can offer stability and predictability, while cryptocurrencies like XRP can offer potentially higher returns.
Trust me when I peaked with LUNA coin and crashed the next day, when they introduced stablecoin I just had to learn more about it because I wanted to understand its uses.
The bad side can be in Multiple assets on the same blockchain wich can create confusion among users, making it harder to understand which asset is being referred to in different contexts.
But there is a natural advantage in that XRP is the native asset of the Ripple protocol, which was designed to facilitate fast and low-cost cross-border payments. Having a stable coin on the same blockchain could potentially dilute the focus on XRP's core use case.
If a stable coin becomes popular, it may attract more liquidity away from XRP, making it harder for XRP holders to sell their coins.
In any case its gonna be a BUMPY RIDE!
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