The term "stable" is absolutely & intentionally misleading, which could be seen as pure fraud, as it is actually a pegged coin and has a very high instability because of inflation.
I think we will see thousands of pegged coins being implemented and the concept of #DAI is beautiful but complicated, which leads to higher cost of maintenance & higher fees.
Yes absolutely, but in reality, people dont care and keep buying Tether USD :D In the end the situation is ok, as nobody uses centralized stablecoins for savings.