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I'm already trying find out about what is Stablecoins like USD,EURO,YEN and other fiat name. In short things they community said "the assets" were back up nor not by real asset(Fiat,Gold,Oil) to guarantee.

They had build / creates Smart Contract with many of network Blockchain.  Doesn't team has no "profits" inside right? 1:1, even if we want to spend out assets they have no "benefits nor profits" cause we pay the fees/gas for those miners of network.

Creators Smart Contract can frozen the supply or tokens as they want. Other side things, as we know they had spend money, power, things for build a regulations (its not easy), what is exactly they trying to reach ?

Helping community to swap crypto instantly like unbanked ? Am not sure about that.

In the worst case, the Private Key is lost, or may be those creators passed, what the expectation will be happen?

Stablecoin means the value of the coin is pegged to a certain value and not just it is backed by gold or fiat. They just backed it by Fiat and precious metal to guarantee the investors that price will always pegged at that level by releasing the funds once the price is out on the range.

So any token with fixed value even if its not backed by Fiat or other precious metal can be considered as stablecoin too. But its hard to pull off that kind of project due to trust issue maybe libra can do it.

Creators of Stablecoin generates profit through charging a certain percentage in every new stable coin mint and add to the circulating supply. Think about a fixed percentage for every new printed 100 million USDT and above. That's crazy profit.

The idea of stable come came when there's a problem with the volatility in the past. I remember before the creation of USDT happened and people are always complaining about the volatlity in the crypto that can go up or down easily.

The early intention of tether to create a solution to the volatility problem in crypto trading. It looks like the tether's vision has been changed.
It's not all of USDT backed by fiat.

Where did OP get the idea of havinf stable coins back by gold, oil or something like that?

There are many members here that are talking different and posting it here in tye forum which are might not be true but luckily there are also members here that are willing to correct.

Yes, I agree that stable coins are those crypto which has been pegged to a certain fiat. The use of these stable coins in my own opinion is that whenever you sell your bitcoin and wanting to buy again for the right time to buy again then storing it to a stable crypto will help you wait when to buy bitcoin. Why use stable coins and no fiat? Fiat 's reputation is not good and you are also subject for high transaction fees taken by the third party like the banks. So, when you want to save money then instead of converting your btc to fiat use stable crypto coins instead to store your funds for the mean time without being affected by a volatile value of which almost all crypto did.

There are many stablecoins that are backed up by equal amount of fiat they are pegged with it. And they are made to hold the value of fiat however the overall crypto market is. If you know what you are trying to do, there's no reason not to trust a real stablecoin. But you should always be cautious not to fall for fake and scam coins.

we don't have to believe in using it. It doesn't matter that the stablecoins are centralized. as long as it helps us, I think it can be ignored. I personally routinely use tether only to transfer funds from exchange to exchange. and there are no problems that make me disappointed. so I'm going to stick with stablecoins.

This topic have quite similarity on this thread, try to read this guys and pals.
https://bitcointalk.org/index.php?topic=5296810.msg55757503#msg55757503 (https://bitcointalk.org/index.php?topic=5296810.msg55757503#msg55757503)

In my views offcourse, stablecoins are there to avoid price volatility and not the best course of investment to grow for the future as it is pegged in the value of fiat.

Trust is subjective though. But to give you a hindsight, Tether the most recognized stable coins out there, have been accused of running on fractional reserves. Meaning at any give point in time, it's not truly 1:1, or not back up fully. So this is have been practiced by many banks in the last one hundreds years and this sounds very shady to me.

So they have been lawsuit already, Suit Alleging Tether and Bitfinex Manipulated Bitcoin Market Has Been Revised (https://www.coindesk.com/a-lawsuit-alleging-tether-and-bitfinex-manipulated-the-bitcoin-market-has-been-dropped).

So it already set a precedent, I'm not sure other stable coins out there, so there could also be running on fractional reserves or not, so we need to be careful using stablecoins, in my opinion.

Stablecoin is backed by assets from different sources (gold, usd, real estate, etc). They profit from fees and other sources. You obviously can't trust stablecoin but that doesn't mean you can't use it. You can take advantage of them but just don't hold them, it's not safe. You can probably just trade with it.

I just own stablecoin within exchanges, I am just using it in trading, I don't store it in my personal wallet since as what OP said, it's kinda centralized. There are already lot of issues regarding with stablecoin, especially before Bitfinex's USD Tether.
I am not totally against with stablecoins, what I see on stablecoins is the it is a bridge for people who want to own some cryptocurrencies, because it is pegged with other assets, it's kinda one of the reasons why the volume of crypto will become more active.

Stable coins were introduced to reduce your losses when the market is going down. So, there is no issue in trusting them as long as you are using them for protecting your investment. Investing in stable coin to earn interest in my opinion is not a viable option for the long term. As you are basically replicating a banking system. Therefore use stable coin only for trading purpose and not for long term investment.

I don't know, we need to know that every stable coin we manage has a trusted company that will bear it when there is a mistake. However, in the case of the private key, if you lose it, there's nothing you can do about it. however, to overcome that, you will need to deposit your money in a trusted exchange. Even though it has risks, I think every thing has a risk in the crypto world. Honestly, I don't really believe it 100%, but as far as I'm using it, I don't have a problem with it.

Stable coin isn't just an empty word like most new altcoin projects, they work as intended so I'm in confidence using stable coin either decentralized stable coin or centralized stable coin, I've use USDT to store thousands of dollars before and it went all well, I won't recommend using stable coins to store your funds for years, it's better to shot term only because we can't be so sure

Even if you don't understand how stable coin became this useful try asking yourself why all crypto exchanges trust USDT? I haven't seen an exchange where there is no USDT paired with other major crypto coins, If USDT for example can't be trusted why would all top exchanges trust it? Why would USDT has the biggest volume among other stable coins, the idea of 1:1 Fiat pegging works

Exactly! As even USDT team last year admitted that they are not fully backed by USD assets. So not really advisable if you will hold it for long term. There is no 100% assurance that they will keep they word for what they claim about their assets.  I trust btc more than stablecoin here.

You only have to be worried about USDT freezing assets part if you are into scamming or illegal fundings, hope you aren't one of them  ;D ? If yes then you have nothing to worry about when using USDT but if you are then find other way, DAI is more reliable in this part, no assets can be freeze or track, it's total decentralized

We should trust but carefully choose them. We already have decentralized stablecoins. When I see this I mean that price is regulated through smart contracts.

I advise you to read a few topics

Stablecoins and Blacklists
https://bitcointalk.org/index.php?topic=5247581

Algorithmic stablecoins
https://bitcointalk.org/index.php?topic=5280287

And here is a very useful site for analytics
https://usdonethereum.com/

USDT is now the leader in coin count and trading volume, but I would recommend looking into the DAI.

They've been several accusations in the past about the validity of stablecoin, especially USDT. Certain people are of the opinion that stablecoin does not have the required back up amount as envisaged and that could undermine their potential, but I'm personally not worried about this issue because everything that has to do with crypto is risky. I'm willing to take the risk that the industry offers and hopefully no matter where the issue goes, I'll survive.

Don't store too large amount of money using USDT, if USDT is the best stable coin for you then open different USDT address for your assets, I believe that USDT team are freezing address that looks like illegal funding, even if they have no 100% clean proof or not we can't know for sure.

yes brother i will trust of stablecoin. because stablecoin are mostly stable not down and up when i trade of the other one and i make a profite from it. then  the profite i will change in the stablecoin because stablecoin are not going down direaction he is always stable

Why not? Stable coin is the fastest safe haven nearer that crypto investors can run to if bull season start going bear season, its the easiest way of avoiding price volatility, I trust stable coin because of their usefulness in trading and in investments

It is specially important that you mentioned USDT because today New York AG declared that USDT wasn't always backed by the same amount of USD and instead it was lacking the funds that they claim they had, which shows the world that if one day everyone wanted their USD back, tether would have failed to do that and would crash and the price of USDT would have crashed as well since people would want to get out quickly when there was no money.

Long story short USDT is managed by Tether company that lied to people and now have to pay 18.5 million dollars in punishment just to New York AG, think about how much they would own if every city would do that just in USA, if we go global it is insane. So in short, stablecoins are not trustworthy because they are managed by people and those people may want to make insane returns from your investments and fail and your money could be gone.

In general, the idea of a Stablecoin is very good and extremely useful for people in crypto circles, but it still remains a crypto coin. I think there is always a chance that something will go wrong and the Stablecoin will depreciate (to be lawsuits against the project or something like that).

We have no other choice, stable coins provide at least some guarantee of stability. This type of digital currency is resistant to hacker attacks. All assets are held by the central authority, which is a reliable financial institution, attacks by fraudsters become almost impossible.

It goes without saying that fiat money is subject to inflation, and if a stable coins is backed by an unstable currency, its price may change depending on the exchange rate. But despite numerous rumors, stable coins continue to exist and are in great demand.

Depreciation might really happen for stable coins because they're pegged in US dollars. And if the US dollars go into inflation or drops in value then logically speaking, its value has dropped as well but remains 1:1.
There might be others that won't understand what does depreciation means in terms of value, not in price.

I don't want to talk about any stable coin prices. Stable coin prices are equal to USA dollars. To freeze our portfolio, we can use usdt, dai and Binance USD. Binance USD is a very good project from binance exchange. If you don't separate your profit into USDT, your profit will be lose one day

one thing that may go wrong here for example is like USDT, remember  last 2019 when they admitted they were not 100% backed by USD  (https://www.coindesk.com/tether-lawyer-confirms-stablecoin-74-percent-backed-by-cash-and-equivalents). this is one of my worries with stable coin pegged to fiat. how sure are we that they are telling the absolute truth here? so yeah, you need to be careful with stablecoin like USDT. what we are seeing right now may not be the truth and we will be surprised that one day, it will collapse.

A stable coin is always stable and there are a lot of stable coins on the market. l prefer using USDT, that is why USDT is most popular among stable coins and more unbelievable for me. That is true there will not be any price changing, but l think the USDT team is making something better than others and they are really successful.

Stable is important if you want to park your investment without fearing that the value of your asset will fall, it's a tool to take advantage of the situation, each time the market drives down, you can convert your asset to stable coin and wait for a good sign before buying back whatever coin you are supporting.

There are traders who use this as channel for quick trade, since this assets is stable you can assume that the value of your fund
will stay as long as you are not buying any other crypto asset it will remain the same.

exactly, stable safe to use when the market getting flash dump. Change the value to stable is needed if you don't want to lose more. But, save money in stable coin wallet not always safe. lot of people must be aware about this potential. stable can freeze user wallet or even they are turn out as scam.

Actually the goal is to create stable coins to avoid the volatile crypto market. So stable coins can be used to save our trading capital and also save
the profit that we get from trading. The existence of stable coins really helps me when trading, but I can't trust 100% of stable coins. Because at
any time, stable coins can end in scams, and my funds can be frozen. Therefore, the solution is not to save all the money I have in stable coins.
I only keep money in stable coins which I only use for trading purposes.