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

in SteemitCryptoAcademy2 years ago

An excellent and well structured article from you boss.

You have made it clear to us that stablecoins are different from traditional cryptocurrencies in terms of usecases.

Stablecoins are mainly designed to help crypto traders make exchanges of good and services without worrying about devaluation of price.

Unlike Bitcoin, with drastic fluctuations in its market price, stablecoins are less volatile and more easily used for everyday transactions.

Generally, you have delivered excellent brother, and I wish you goodluck in this contest.

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