I don't think there is a "right" or "wrong" way to use the bitcoin network, just trade offs that you are happy with, you want to use BTC to back a stablecoin because you don't like vol fine you paying for that with the opportunity cost of those sats

Some people will use bitcoin, some will use paper bitcoin and get rekt, some will use derivatives backed by bitcoin and feel its worth it for "stable pricing" in the short term.

The way I see the stabelcoin movement is that its a natural evolution of bitcoin adoption as this thing grows you need a mechanism for faster clearing times into bitcoin and these options give you that better than any exchange can or ever will,

If you look at a country that has had hyperinflation those that could convert into anything else as fast as possible did it. I just see this as buidling a ramp into bitcoin and hopefully a ramp we kick off once enough people have moved over that it dampens vol