Stable coins has some benefits, despite some setbacks.

[Findingnemo]

Stable coins save lot of time and some money too, the potential risks outweigh it's rewards but some people simply choose to take the risk. Stable coins offered ways for traders to keep their liquidity ready in the exchange itself instead of moving their fiat back and forth to their bank account every time because the bank transfers can take hours or even days depending on many factors.

[dkbit98]

What would be a way to mitigate the risks in your opinion or experience?

Not using stable coins at all, or using them only temporary for swapping, not for holding... that would be mitigation.

If we use the exchanges' fiat currency, for example, our money stays on the exchange, with the risk of it also being hacked or confiscated.
What's more, fiat on exchanges can generate excessive tax events depending on the country, this is a bad thing

Than use your bank accounts and fiat money or even better just use cash with p2p trading, you can even do that with decentralized exchanges, so nobody can seize coins from you or shut down any accounts.

[rdluffy]

Than use your bank accounts and fiat money or even better just use cash with p2p trading, you can even do that with decentralized exchanges, so nobody can seize coins from you or shut down any accounts.

I understand your point, but this is not a reality for me, I can't go back to fiat a lot of times because this can trigger taxes events in my country
I only return to fiat when I've sold some profit that I need to use, and that's very few times during a year for example

In the recent past, some banks closed accounts of users who moved money from cryptos, unfortunately 

[dkbit98]

I understand your point, but this is not a reality for me, I can't go back to fiat a lot of times because this can trigger taxes events in my country
I only return to fiat when I've sold some profit that I need to use, and that's very few times during a year for example

You can do it if you use cash in your p2p trading, that won't trigger anything anywhere, but you probably prefer easy convenient way.
If people think about resisting upcoming CBDC slavery money they should start using cash a lot more than they are doing it now.
Stable coins are also the part of the problem.

[Bobcrypto]

With the opportunity to hold USDT for example, I was able not to lose purchasing power because of the high inflation in my country and the devaluation of the currency

You still lose purchasing power because the USD also loses, so why not keep your funds in BTC.
I see trusting a company in an offshore country that might block your funds with a click as a really dangerous situation, far worse than just buying USD on the black market.

In many countries, stablecoins such as USDT and USDC are the only way for people to access foreign currency and avoid the devaluation of the domestic currency against the US$. I also hold USDT throughout the crypto winter to be ready to DCA BTC & ALTs. I have more faith in Tether than our banks ^^

I always found it funny that most of the ones that use USD as a safenet come from countries that brag all day about de-dollarization and the death of the dollar, yet I see nobody trading any kind of token paired with the yuan, rial, rupee or ruble.

It is almost a normal trends to keep reserve funds in stable coins waiting for the market to go dip or some corrections to take a positions. I am not against the idea of leaving funds on Btc, but I think that we can keep some stable coins to accumulate more bitcoin when prices goes dip or on a very volatile situation.
Stable coin act like a back up coins with faits to exchange crypto coins on the event of a bearish situations. Keeping all fund on bitcoin, in my opinion, is unsafe considering the facts that, at some points, traders/investors will definitely taking profits, and bitcoin must have to be paired with Fiats backed currencies like USDT, USDC for effective profit taking.

[MrSpasybo]

It is almost a normal trends to keep reserve funds in stable coins waiting for the market to go dip or some corrections to take a positions. I am not against the idea of leaving funds on Btc, but I think that we can keep some stable coins to accumulate more bitcoin when prices goes dip or on a very volatile situation.
Stable coin act like a back up coins with faits to exchange crypto coins on the event of a bearish situations. Keeping all fund on bitcoin, in my opinion, is unsafe considering the facts that, at some points, traders/investors will definitely taking profits, and bitcoin must have to be paired with Fiats backed currencies like USDT, USDC for effective profit taking.

I have also mentioned the value of stablecoins as a store of value during periods of high market volatility to protect investors assets or take advantage of opportunities to buy more tokens during flash dumps. Investors can hold fiat then buy stablecoin, but P2P trading sometimes faces many time constraints.

Many investors share that they always hold at least 10-20% of their account value in stablecoins to effectively manage risk when participating in the market. I do DCA, so the percentage of stablecoins will decrease in the long term and honestly, sometimes I don't have any stablecoins left in my account to invest in an interesting and potential project @@

[Mia Chloe]

One of the commonest concerns for stable coins, especially the Fiat backed stable coins out there is their continuity potentials and strengths. Stable coins faces some drawbacks like the Centralization risks and regulatory uncertainty.
Centralization of stable coins means that businesses must trust these issuers. Issuers had claimed that they have reserved funds and can redeem the stable coin when the need arises. I think that transparency may also be a problem for Stable coins issuers.

The advantages and disadvantages of making use of stable coins are quite relatively. Basically they were created to eliminate the effects of volatility thar results in either upward or downward price shifts. Now everyone likes to have a huge upward pressure for an asset they Hodl right? Now this is where stable coins become of disadvantage.

The advantage is obviously the opposite. Sometimes there arise cases where people try dealing with fiat but still want it on the digital block chain and that's another example where stable coins become important.