This is a well formated and arranged post you have submitted @mariami

You have defined what stablecoin is in your own words which shows that you have a broad knowledge on stable coin.

From your answer to the first question, you made mention on the reasons why stable coin are created and backed up.

Yes, some stablecoin are backed to us dollar as you have explained and some are backed by algorithm.

Another interesting answer I got from your work is the way you systematically explained that stablecoin can lose its stability.

Overall you have done absolutely well, I wish you all the best in this contest 😊😊