Steemit Crypto Academy week 6 - Stable coins

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New week, new participation in the homework of our teacher @yohan2on and this week we will talk about stable currencies. Here I will leave my homework.

What are stable currencies?

These coins, also known as stablecoins, are created with the purpose of maintaining a price that does not suffer many changes in the market. This is the way to keep these coins stable in the market.

What is tether? (USDT)

It is a cryptocurrency that is valued 1 to 1 with USD this crypto helps people to work freely with the realm of cryptocurrency without any problem. This type of coins is called stable coin as it has very rarely had a downturn.

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USDT Features

  • It is quite stable unlike some cryptocurrencies in the market.

  • It is valued 1 to 1 with $ valued by Tether Limited.

  • It can be used for different transactions and you can even buy other currencies.

  • Step by step it is already gaining the trust of the different exchange houses.

Conclusion
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This cryptocurrency is reliable as it is valued 1 to 1 with the dollar despite not owning a wallet with USDT I am very interested in working with them researching about this currency can understand that registering is a bit cumbersome but then everything becomes easier, it is a currency that is gaining very good recognition in the market. Thanks to this task I was able to learn about this currency and its improvements.

Thank you for reading my publication

Thanks to @steemcurator01, @steemcurator02 for the support on my publications

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Hi @maykit55

Thanks for attending the 6th -Crypto course and for your effort in doing the given homework task.

Feedback
Your article is a 136-word count. More effort in your research study was needed. Come on! You could do better than this.

Homework task
2

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