Could stablecoin eventually overshadow Bitcoin usage

[Emjay24]

People will definitely use stablecoin more than bitcoin because majority of bitcoin enthusiasts are holding their bitcoin for future gains because it's a store of valuable and preserves the value of your funds. Stablecoins don't appreciate in price because it's pegged to USD. I'm keeping my bitcoin for the future and I spend fiat or stablecoins. Bitcoin is an alternative payment method and I think, it has done well so far in terms of usage, since creation.

Stablecoin might be used more, but real value is not good to be held in stable coin, most people see stable coin as a transactional medium, almost like fiat, so they treat stable coins like fiat, but treat Bitcoin as an asset that should be held and not used. Those who only hold bitcoin and not use it may be a bit wrong about their attitude towards bitcoin since it should be used for transactions. But I cannot be sorry for holding my bitcoin for a long term and wanting to preserve value in it, it's my choice. I don't wanna wake up one day and see that my USDT holdings has been frozen in my non-custodial wallet, so I would always transact my USDT in the shortest available time and hold my BTC for the longest possible duration.

[Chinesebaby]

When most people hear “crypto,” Bitcoin is usually the first thing that comes to mind. It’s the oldest, the most recognized, and for many people, the symbol of the entire industry.
But lately, I’ve been thinking about something interesting:
Even though Bitcoin dominates attention, stablecoins seem to dominate actual day-to-day usage in many parts of the world.
A lot of people now: Save or transact with USDT/USDC,Use stablecoins for P2P trading,Send remittances with stablecoins,Avoid holding volatile assets altogether
In some countries, people barely use Bitcoin for payments anymore, they use stablecoins instead.
So it raises an interesting question:
Could stablecoins eventually overshadow Bitcoin in practical usage?

When it comes to practical daily usage, then the answer is "YES", Stable coin, most especially USDT can out perform Bitcoin when it comes to practical daily usage. Because when it comes to Bitcoin, the majority of people who invest in it, does so because they see it as an asset for long term investment. And not an asset for daily transactions usage due to its volatile nature, fluctuating up and down due to demand and supply. But when it comes to the overall cumulative total volume invested, Bitcoin will still always has the highest percentage, simply because most people believe in Bitcoin more than they believe in other Altcoin.

[Rustam Meraj]

Stablecoin might be used more, but real value is not good to be held in stable coin, most people see stable coin as a transactional medium, almost like fiat, so they treat stable coins like fiat, but treat Bitcoin as an asset that should be held and not used. Those who only hold bitcoin and not use it may be a bit wrong about their attitude towards bitcoin since it should be used for transactions. But I cannot be sorry for holding my bitcoin for a long term and wanting to preserve value in it, it's my choice. I don't wanna wake up one day and see that my USDT holdings has been frozen in my non-custodial wallet, so I would always transact my USDT in the shortest available time and hold my BTC for the longest possible duration.

Stablecoins offer much needed interface for trading, and for short term liquidity, but they are also plagued by same censorship problems as legacy banking system. Bitcoin, on other hand, provides finality and is immune to third parties.
It is not wrong to see Bitcoin as a Store of Value as opposed to currency, but other logical reaction to its price rise. When an asset is expected to gain in purchasing power, it seems foolish to spend it on frivolous things. This is another instance of Gresham Law, and good money is hoarded. True shift will occur when we can transact in BTC as easily as stablecoins, with help of layer-2 solutions, and without having to give up our long term investment holdings.

[Die_empty]

Stablecoins do not protect you from inflation because their value is pegged to fiat. As long as fiat continue to depreciate, stablecoin will depreciate as well. There is no significant difference between them.

In essence, the competition between stablecoin and traditional bank is a competition between two centralized entities. One side represents the new generation of finance, while the other represents the old system. But both are centralized, so switching from a bank account to a stablecoin will not get you out of the government's system.

Stablecoins pegged to the US dollars draw people in some countries whose currency depreciates easily. There was a time when the currency of my country lost about 50% of its value within one year. At that point most many citizens had to rely on the dollar protect their saving. The US dollars seems stable when compared to other currencies.

Both are centralised but stablecoin seems to have more advantage. Another advantage of stablcoins when compared to fiat is the low transaction fees. It could also be used easily for trans-border payment without restrictions.

[dansus021]

It is a statistical reality. While Bitcoin remains the undisputed King of Market Cap, stablecoins have officially taken the throne of transactional volume. Did you guys know that In the first quarter of 2026 alone, stablecoin transaction volume hit a staggering $28 trillion, which is more than the combined annual volume of Visa and Mastercard and account for 75% of all crypto trading volume.

But in my opinion both Bitcoin and stablecoin USDT,USDC and other is different money, you could say bitcoin is asset, digital gold or anything while stablecoin is just fiat but on chain so different purposes. Bitcoin is the wealth you own, but Stablecoins are the money you spend.

[dezoel]

While there is a possibility for this to happen, we have to realize that it is not something that we could consider in the crypto world exactly. It is literally a fiat currency on blockchain, 1 dollar is 1 USDT and nothing more, it is not an investment, it is not anything, it is literally just there so you could trade with fiat without needing to use fiat.

It is taking the banks out of the competition and that way you could use the stablecoins which would be doing something a lot better for us.

[Ucy]

A stable coin that derives its price/value from a fiat currency remains a fiat currency and should not be in thesame category with Bitcoin. But if algorithmic, or without corresponding fiat backing,  you can be sure it's fake fiat currency stealing users and value that should go to fiat. By the way, we aren't against fiats or stablecoins having more usage. They are just more convenient and don't require too much responsibility, just like stuff for kids.

Besides, they aren't really crypto unless unique or don't derive their price/value from fiat currencies.  They carry most of the attributes of fiat currencies hence remain centralized, opaque, censorable, trusted, inflationary, etc. Their users need to be really careful for this reason. They shouldn't depend too much on them.

Bitcoin on the other hand is for special kind of people, and they don't compete with fiat currencies for usage. They join this space for fiat alternatives, and likely knew beforehand that fiats are or will always be more attractive to most people  

[macson]

It's worth noting that stablecoins like USDT are more used for their transactions because they offer features that make them more suitable for them. While Bitcoin also functions as a digital currency, it's still viewed more as a long-term store of value. However, there's really no need to compare the two, as Bitcoin offers advantages that surpass those offered by stablecoins.

[Cookdata]

When it comes to practical daily usage, then the answer is "YES", Stable coin, most especially USDT can out perform Bitcoin when it comes to practical daily usage. Because when it comes to Bitcoin, the majority of people who invest in it, does so because they see it as an asset for long term investment. And not an asset for daily transactions usage due to its volatile nature, fluctuating up and down due to demand and supply. But when it comes to the overall cumulative total volume invested, Bitcoin will still always has the highest percentage, simply because most people believe in Bitcoin more than they believe in other Altcoin.

There was a time when exchanges list coin, they pair it with usdt, usdc, Bitcoin, Ether and probably the exchange coin to boost liquidity but now, it's all around stable coins, this has reduced the exposure of trades between Bitcoin and other coins that's why volume of Bitcoin traded has reduced and why stable coins has had a massive increases but it doesn't change the fact that people use Bitcoin everyday, if not for volatility I'm not sure some people would consider having stable coin on their side.

I have seen posts many times about millions lock on stable smart contracts but I can't remember any post where anyone mention Bitcoin were seize, the more people play around with stable coins, more of them will be sieze and people will know the difference between the them. Some people are using stable coins because they don't know it, even the ones keeping coins on the exchanges don't listen until they become a victim one day and they turn super angelic on why stable coins should be avoided.

[alastantiger]

It's worth noting that stablecoins like USDT are more used for their transactions because they offer features that make them more suitable for them. While Bitcoin also functions as a digital currency, it's still viewed more as a long-term store of value. However, there's really no need to compare the two, as Bitcoin offers advantages that surpass those offered by stablecoins.

Bitcoin is being used less as a currency but instead being used as a store of value more as gold is being used, the idea behind people holding Bitcoin is for them to make a profit that is why they buy Bitcoin when it's low and try to sell when it's high then they repeat this multiple times in other for them to have accumulated a lot of wealth but what many of them don't realize is that instead of doing this they could have just simply hold Bitcoin for a longer time and they will make more money than when they are trying to flip it for profit. Bitcoin should be used  more as a currency and not as a store of value because it's main creation was for it to be used for transaction regularly as the dollar is being used.

[JiiBs]

The reality is that people can't just overnight switch from the traditional financial system to Bitcoin. Stablecoins like Tether are the trojan horses for people to get used to concepts like "blockchain", "private keys" and "addresses" so they can feel confident to switch to bitcoin when the US dollar experiences hyperinflation.

You know, I haven’t really thought about it that way. We indeed try to match these currencies against each other most times and how Bitcoin always holds the high ground above all other cryptocurrencies.
It could be a good introduction since, it is a merger between traditional and contemporary, something the CBDC has tried to replace and didn’t do so well because, they still stand as fiat and the one way to experience digital currencies is using cryptos which Stablecoins do standout for, for those that are indeed concerned with volatility and see it to be a huge problem.

[Orpichukwu]

what’s stablecoin? it’s just fiat applied onto crypto technology. yet bitcoin still remains to be the more popular one. stablecoins will definitely be used but i doubt it will overshadow bitcoin since bitcoin has more usages (investment, trading, etc)

Stablecoin: people who are just looking for means to move and transact with crypto are the ones majorly using it, but they still don't know how dangerous it is, as it could freeze people who care about self-custody and privacy, and profit can't be made by choosing stablecoin over Bitcoin.

[DanWalker]

Stablecoin: people who are just looking for means to move and transact with crypto are the ones majorly using it, but they still don't know how dangerous it is, as it could freeze people who care about self-custody and privacy, and profit can't be made by choosing stablecoin over Bitcoin.

Stablecoins are the digital version of fiat. So you are right, it could harm people who care about self-custody and privacy.
However, it serves as a bridge between the traditional financial world and the crypto world, and many of us now depend on it. Without it, we would struggle to transfer value between the two worlds quickly.

Stablecoins dont generate return, but they serve as a temporary safe haven during periods of market volatility.
Are you using stablecoin?

[TastyChillySauce00]

Stablecoins do not protect you from inflation because their value is pegged to fiat. As long as fiat continue to depreciate, stablecoin will depreciate as well. There is no significant difference between them.

In essence, the competition between stablecoin and traditional bank is a competition between two centralized entities. One side represents the new generation of finance, while the other represents the old system. But both are centralized, so switching from a bank account to a stablecoin will not get you out of the government's system.

There are stablecoins that protects you from inflation because the collateral is an appreciating asset such as gold and they still fall under the stablecoin category.
Stablecoin is basically just a traditional finance deployment of their capital into the blockchain and like you mentioned there are so many thing that we need to consider using them.

They are as centralized as bank, sometime without the safeguard by the government such as insurance and instead of being controlled by bank, they are controlled by a company.

[DiMarxist]

Is true that stable coins are becoming more popular and their usage has been more acceptable over the years but we have to put everything straight as it's, when is comes crypto currency different crypto currencies are ment for different purposes and Bitcoin is solving a specific problem of decentralization which other crypto currencies doesn't offers. I really doubt if stable coins that displace the use of crypto.