This is a chicken-and-egg problem. In order to stabilize the price of Bitcoin, more and more businesses and users need to develop a large-scale economy. In order to develop a large-scale economy, businesses and users will seek price stability.
Fortunately, volatility does not affect Bitcoin's main advantage as an A-to-B peer-to-peer payment system. Businesses can instantly convert Bitcoin into local currency, allowing them to benefit from Bitcoin's advantages without being affected by Bitcoin's price fluctuations. Because Bitcoin provides many useful unique features and properties, many users choose to use Bitcoin. With such solutions and motivations, it is entirely possible to achieve limited volatility in its price as Bitcoin matures and develops to a certain extent in the future.
