No not from network effects or from adoption
It will go to a million because of the something for nothing (a usdt loan) or other stablecoin product or any other inflationary crypto actually
What stablecoin critics get wrong
Didn't mention potential collateral in the loan example--- but this collateral gives value to the loan itself (the promise to pay)--- not the actual stablecoin - which is printed without any limit and without restriction just like what the Federal Reserve does
Piggy backing on 'the market cap' of the coin when new coins enter the market
The critics do not understand this because they don't understand money printing by the Federal Reserve- they often like money printing