Does anyone here also use a stable coin on bitcoin blockchain? I looked into Stably USD on bitcoin but after checked their AUM and it seems to have been dropping from $5m to around $100k from 2018-2024.

In this space, I find the price fluctuations and speculation annoying, the most exciting aspect about bitcoin is the self-sovereignty of ownership. For those of us who see the power behind the of bitcoin technology and use a fiat bank at the same time, why not use a stable coin option instead? I understand the most popular ones are all on the ETH network. Just trying to learn why I should use or avoid these solutions on BTC network.