How Is the Utility of a Stablecoin Different from a Governance Token?
A stablecoin's utility is to serve as a reliable medium of exchange and a store of value with minimal volatility, typically pegged to a fiat currency. Its intrinsic value is derived from the collateral backing it and its role as a transactional unit.
A governance token's utility is to grant voting power over a protocol's future, making its intrinsic value tied to the protocol's success and potential for revenue capture. Stablecoins are valued for stability; governance tokens are valued for control and upside.