HELLO STEEMIT members , i hope you all are fine and doing well, so this is my homework of week no 05 given by the honorable professor@yohan2on , First of all thankyou so much professor.

Crypto academy professors are doing their utmost to help steemit users learn about a variety of topics by sharing their expertise and information in order to help them make better use of this enviroment and helping us to not only learn but also enhance our skills here.

HOME WORK TASK : Write about any one of the following stable coins;

Tether(USDT)

Steem backed dollar(SBD)

DAI

Tether is currently ranked third in the cryptocurrency industry, behind Bitcoin and Etherium. Its trading volume is gradually growing. inc.
source

So, i am choosing TETHER.

TETHER

Tether is a contentious cryptocurrency whose tokens are distributed by the Tether business. It transforms cash into digital money in order to stabilise the national currency's price, such as the US .
Tether was changed from Realcoin to avoid confusion with other coins. It is a stable currency in the sense that its price graph does not change dramatically, which is why it is called stable currency.
Tether (USDT) was created to shield traders and investors from the risks associated with digital currencies. Tether is a transparent currency since it publishes everything on their website, including account balances and bank account balances.

source

Tether also introduced ERC-20 tokens for US dollars and euros on the Ethereum network in 2017, and another token for the yuan in 2019. Tether is now present in the two main blockchains with the USDT sector accounting for about 75 percent of all Bitcoin exchange globally.

souce

WALLETS:

Tether is famous because of its compatibility with other cryptocurrency blockchains. USDT can be stored in both a warm and cold wallet. Tether is supported by a variety of wallets, including:
Tether wallet -Tronlink wallet -Trezor wallet C,oinbase wallet ,Trust wallet etc

source

USEFULNESS OF TETHER

One of the benefits of using tether is that it is a constant coin with a value of one dollar that does not fluctuate. Converting monetary currencies into digital currencies will provide this stability. Another benefit of using tether coin is its transparency, which decreases the risk of a fraud. As a result, we can assume that Tether is absolutely secure since it adheres to all government regulations.

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Thats all , This is my homework professor i hope you like it :)
please share your valubale feedback

Thankyou
@yohan2on
@steemcurator01
@steemcurator02