"what if stablecoins are more successful than bitcoin?" is basically a question this Ark Invest brainstorm asked

the Prof Art Laffer, economist for Nixon and Reagan admins, told the CEO of Tether:

"Paulo, if you knew the dollar were as good as gold, the value of gold would fall very sharply. Okay? Because the dollar is far more flexible, far more divisible, far better transactions medium than is gold carrying a little sack of dust on your back and all that. You know, the same thing is true here is if you have Bitcoin and you have the stable currency, if in fact uh you could make [Tether] as valuable, if not more valuable than than Bitcoin, that might well have an impact on the value of

Bitcoin in in the market as well....then you would find Bitcoin values coming down relative to stable coins just the same way that when Reagan came in and made the dollar stable had the appreciation in the US dollar versus all the others there the price of gold went down by what a factor of 80% 70% during that period way down."

it appears the Prof Laffer is understanding "Stable" in terms of stable to prices and not pegged to a dollar.

I was slightly confused at the end of this interview of Prof Laffer's understanding of markets as he seemed to think prices could be "stable" at all. I thought that was a core tenet of economics is that it's a dynamic marketplace.

Bitcoin is the only "Stable" coin that i know of in that it is stable in regards to its total supply.

I also think that the solution they are looking for has already been invented by Michael Saylor and $STRC product. That product is basically using a market-based approach to arbitrage/calculate inflation between the dollar and bitcoin and the appetite of the market for either.