Is an XMR stable coin possible?

I understand that people want to see “number go up” and all of that. But the way I see it, Monero is primarily used as a means of transacting for actual goods and services unlike other Crypto.

A totally anonymous digital cash that’s also stable, say 1 USD for every 1 USDXMR or whatever you want to call it, would be far better for both buyers and sellers.

Stablecoins have always confused me because they aren’t used for anything other than trading. It makes no sense. If anything a stable coin should be the best crypto for everything OTHER than trading.

Is something like this even possible? If it is it should be done. Thanks!

submitted by /u/DunamisMax
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