The search for a problem to continue selling the solution continues
Ethereum’s ‘problem’ to solve is “how do you program value”. It’s a tool that has never been directly available to software engineers.
You can also look at MakerDAO’s DAI algorithmic stablecoin, which has used automatic management of collateral assets to maintain a peg through the worst market crashes so far. These contracts are battle-tested and require much less trust than Tether or USDC.