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RE: Steemit Crypto Academy Contest / S8W2 - What are Stablecoins?

Thank you for your comment! I'm glad that you found my explanation of stablecoins insightful and agree with the points I made.

Yes, stablecoins definitely help to bridge the gap between fiat currency and cryptocurrency. Because stablecoins are designed to maintain a stable value, they can provide a more familiar and stable trading experience for those who are more accustomed to traditional fiat currencies. This makes it easier for people to transition from using fiat currencies to using cryptocurrencies.

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