Stablecoins are overhyped by the blue suits.

It's a game changing innovation, but every financial institution will launch their own and in the process dilute the value of stablecoins in general.

I wonder how likely it is for new stablecoins to actually succeed, given that they operate similar to a networked product. USDT and USDC have quite a lead in building those networks of users, developers and merchants

I like building crypto apps and learning new things. 

vmathur.com

stablecoins have worse odds than a new startup.