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RE: Steemit Crypto Academy Contest / S8W2 - What are Stablecoins? .
I must commend your lovely time and effort to share your knowledge and thoughts with us on this topic dear friend.
Volatility as we have been made to understand, is by far one of the most interesting and attractive feature of cryptocurrencies. It can be great when it comes to making profits, but it can also be quite risky.
That's why the existence of stablecoins are important to investors, providing an attractive solution to the issue of devaluation and price fluctuations.
This makes them much less risky than traditional cryptocurrencies and more appealing to both investors and merchants.
You have done excellently well friend, and I wish you goodluck in this contest.
Thank you sir for your feedback.