Well, I'm not an expert by any means but I think one of the main points of stablecoins is to enable the usage of crypto as payment. It will be easier for businesses and people to accept crypto knowing that their margin won't get crushed hours after they make a sale because the crypto they got as payment just went down 15%
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People are so used to treating cryptocurrencies like stocks (BTC, ETH, etc.) that they forget that they were originally meant to be used as a form of payment. After all, it took a while for someone to use BTC to pay for pizza years before it occurred to anyone to HODL BTC for its price. Stablecoins are closer to the origins of crypto in this sense.
Since stablecoins are pegged in some way or other, their value seems limited, so it's not obvious how people can make money from owning stablecoins. This is where I find myself stuck. For me, it's just a way to get crypto out of a centralized exchange; but after that I don't know how I can make money with stablecoins. Not even big money: just enough (for example) to make up for any fees I've paid out in other, unrelated, transactions.
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