I oppose stablecoins but I suppose in America people who don't want to do KYC but still want digital cash might prefer stablecoins over Paypal, Venmo, or Cash App, all of which do KYC on their users
I think such people should try bitcoin, of course
Discussion
US based regulated stablecoins also kyc. Coinbase, Crypto.com, Gemini, and on and on all KYC
The exchanges do but there are plenty of wallets that let you receive and send them without KYC. And there are p2p exchanges that do not do KYC where stablecoins can be acquired.
Of couse, in my opinion anyone who's willing to go through all of that trouble just to acquire a stablecoin really ought to consider bitcoin instead.