What update bitcoin needs to be the global stable coin?

[DeathAngel]

Bitcoin is a genius invention, everything about it makes it the single most amazing innovation of our lifetimes. It is going to take a long time for the volatility in price to go so it can be classed as a stable coin of sorts.

[kryptqnick]

We should first think whether Bitcoin stability is desirable. While some might argue that it's desirable for Bitcoin to be less volatile because volatility is an obstacle for proper adoption of Bitcoin as money, others might answer that Bitcoin should actually remain volatile because traders are profiting from the volatility and hodlers rely on long-term positive change in Bitcoin's price (value). I think as a stable coin, Bitcoin would have gained way less attention and interest than it curently has. Let's now turn to stable coins. USDT is the most popular one, and its stability means that it costs $1 or something very close to $1 at all times. While you could say it's stability, it also means that it depreciates along with the USD, so it's not immune to fiat inflation problems. Moreover, there's always a risk that it will explode if too many people start selling rapidly at some point (kind of how a bank can go bankrupt if people suddenly withdraw too much cash from it). Finally, I think it's unlikely that making Bitcoin a stable coin is technically possible.