Stablecoins may not be the most popular but they're way up there (BinanceUSD is the #3 most traded coin today coin today, under Bitcoin and the main smart contract platform Ethereum).
You can get pretty good yields for holding stablecoins. Personally I tend to only use it for paying for things with crypto though (I used it to buy my last computer, for example), but I'm more of "treat crypto as an asset" and not "treat crypto as a currency" person.
It doesn't help that a stablecoin imploded a couple of weeks ago (Luna) so people are rightfully a bit skeptical of stablecoins (in particular, those that rely on an algorithm to automatically balance it, like Luna did) for the moment.
You can get pretty good yields for holding stablecoins. Personally I tend to only use it for paying for things with crypto though (I used it to buy my last computer, for example), but I'm more of "treat crypto as an asset" and not "treat crypto as a currency" person.
It doesn't help that a stablecoin imploded a couple of weeks ago (Luna) so people are rightfully a bit skeptical of stablecoins (in particular, those that rely on an algorithm to automatically balance it, like Luna did) for the moment.