I don't think that's really fair, or at least hasn't been true for a long time now. Use of the stable channel far exceeds use of nightly according to all the surveys. At my company we've always stuck to the stable channel, and even in my own personal projects where I have no need for stability, I don't remember the last time I used a nightly feature, simply because I haven't found the need to...
I don't believe there are many cases left where you're forced to use nightly: most of the cases where people are using it is because there's a "nice to have" feature, not because that feature is actually essential. Even rocket, which was famed for using a ton of nightly features, now works on stable Rust.
I've been doing some bare metal embedded projects in Rust and didn't need nightly for quite some time.
Of those, I could get away with just global_asm, start, and const_generics if I had to, but the others certainly make my life easier in a kernel space without an allocator.
I'll be the first to admit that some of those are "I'm just going to embrace nightly if I'm stuck on it anyway".
It's still a fairly young language - I think it's a good thing they're being conservative with not setting too much in stone prematurely, while still having stuff released as part of nightly to see relatively widespread use. As the language matures more and more you will see less and less important features that are missing from stable.
yes, that kinda sucks.
For a single crate, sure.
When you're managing multiple crates, an older nightly compiler version (because the software hasn't been tested much on the newer nightly), and git submodules... it isn't so easy.
I wasn't actually doing the work, but from the outside it seemed like a pain.
(I'm a big user of asm! myself, but other than that, stick to stable.)
Creating a beta channel or getting more of those features released in stable requires money or time.