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About exchanges, your point is not correct. There are multiple exchanges providing L-BTC, among them BTSE, Sideswap, now Aqua and others I never used.
Lightning provides support for stable coins, not sure what is the problem with that.

That being said a nice benefit of Liquid is that it is available now, we can store L-BTCs with a hardware wallet, and by swapping through boltz we can pay with Lightning by gradually withdrawing with our hardware wallet (currently Jade or Ledger nano S are supported).

Will transaction fees on Liquid be forever low if its use increase? No.

among them BTSE, Sideswap, now Aqua

Never in my life had I heard about the first 2, Aqua is not an exchange, it's a wallet, still you can see that Liquid's blocks are completely empty most of the time.

we can store L-BTCs with a hardware wallet

You can also store, RBTC, WBTC, renBTC, BTCB, BTC.b, etc with a hardware wallet, what's the advantage to those things?

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