There is something eerily hip that happens by splitting the pickups of, say, a Jazz bass (or like Alembic, Rickenbacker, others). Taking the two points of the string and spreading them apart from a few inches to 3 to 6 feet or more makes for some kind of psychoacoustic effect. It sounds like an effect, but it's completely dry and flat, but sounds very alive, huge. What's interesting about is if you have everything flat or at least equal for both "sides" and switch the pickups' channel assignment, it sounds different just because of speaker placement. Throw in a pair of Varitones, and it's on.
Now, most have enough fun carrying one amp and don't want to have even more fun carrying two. But what I've found is two amps in stereo that together are smaller than your one big mono amp will kick the mono system's hiney. So, you can actually carry less for a bigger sound.
I don't know why stereo is not utilized by more bassists; it's probably due to the prospect of carrying too much stuff to the gig. (You know you're getting old when you're more concerned about the size and weight of the amp rather than its sound.) But just about anybody who was anybody did it. Stanley Clarke, Chris Squire, John Entwistle and more. Basically, about anyone playing an Alembic or a Rick went stereo back in the day.