the stability of the fiat currency is enhanced by the expansion of associated stablecoins.
In the past, we focused upon a few areas: collateralization, derivatives and funding/investing. These are the aspects where cryptocurrency can provide more stability, especially via stablecoins.

This is very true. Though I would day that I'm kinda new to the Crypto and blockchain space, I would like to add that the government are well aware of the opportunities in the Crypto world that could lessen their influence and control over the economy of their nation and it's citizens, that's why they would want to do everything possible to hinder the complete dominance of Crypto over fiat unless they have a change of mind. If they were fully in support of it, Crypto would have dominated the traditional monetary system in most part of most countries. Thank you so much for sharing this with us 😊😊🙌🙌