You can "dodge taxes" with any cryptocurrency, if that's your goal. What Tether offers primarily is a safeguard against crypto-world volatility without having t

You can "dodge taxes" with any cryptocurrency, if that's your goal. What Tether offers primarily is a safeguard against crypto-world volatility without having to deal with FIAT exchanges randomly holding your money for weeks or months at a time, of which you can find many horror stories on Reddit (even for people with KYC verification in place). I believe "stablecoins" will be needed in the cryptoworld, especially if the goal is still ultimately to have crypto coins used a "currency". But I'm not sure there's any reason why they need to be "pegged to the dollar" or any FIAT currency. It just needs to be relatively stable, perhaps in relation to the total market cap of cryptocurrencies at any given point in time.