I agree it appears to be the general consensus because most (including the minnows) are only thinking of their hip pocket. Not thinking of attracting merchants to the platform is a lack of long term vision.

STEEM had one of the best stablecoins on the market with NO counterparty risk. It was a market leader! There are other stable coins coming out now and it is a huge market and near first mover advantage being squandered in the name of making a quick buck for Authors in the short term.