What does # of wallets and trading volume have to do with how used it is and how many people use it? Nothing.
Yes the white paper doesn't explicitly stated that it's gonna be a fiat replacement but cryptocurrency is created purpose for fiat replacement and the problem that steem is solving is all predicated on what crypto is and isn't, and crypto is about removing the financial reins from the bankers and money manipulators and giving it to the trustless code.
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No. of wallets = correlated with the number of users = correlated with the noise those people create = correlated with the price
Why USD is stable and accepted as universal? Because 5.000.000.000 people know about it and use it.
Would you accept to make a business with Zimbabwe dollars instead?
Why, because nobody has any clue about that currency = it's not stable
Wait... There is no problem. Banks are working fine. I get my salary on time, I can pay from/to the opposite side of the world, I can plan 30 years ahead. There is no fundamental problem, there are some aspects that could/should/will be improved.
The world is functioning without crypto, keep that in mind.
Can Ripple improve it a bit - yes.
Can we implement crypto in administration - yes
Gain more freedom in trading - yes
Should we replace FIAT with Crypto?
Unless we want a war that would last for 100 years across the globe - no