Hi @badmus-official, how are you?

Just came across your post and found it interesting to read and get some knowledge out of it.

You have explained what you think about stablecoins and how they are managed to stay stable in the market.

Then you discuss about why it was needed to design stablecoins. The reason is right that you mention is an asset that must have stable price, giving users the ability to hold a cryptocurrency without any fear of lossing it's value.

After that you mentioned about famous stablecoins that are USDT and USDC. Your personal favorite is USDT and also was mine but now my favorite is BUSD.

Stablecoins can lose their stability if issuer makes problem and if he hides backed asset to lose confidence of investors.

You have also mentioned the advantages and disadvantages of stablecoins.

Overall, you have shared with us quality content that is full of knowledge for people like me. I wish you best of luck for the contest. Thank you :)