[bradwood]

The problem here is the abuse of the word "stable".

It's being conflated with the word "pegged".

Pegging something to something else that is unstable doesn't make it stable.

For as long as monetary policy in fiat continues to ease, you'll have more dollars around, inflating the money supply.

The pegged item will need to match this in the long run to maintain the peg. Which won't be possible without further minting of the so-called stablecoin.

The real solution, which I admit is a long time away, is to just stop using fiat and their "stablecoin" proxies altogether and just use another currency altogether.

[subroutine]

What is a viable alternative to fiat? Both commodity money (e.g. gold shillings) and representative money (e.g. backed by precious metal reserves) have already failed.

[bradwood]

Bitcoin duck ;)