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Homework task:

Write about any one of the following stable coins;
Tether(USDT)
Steem backed dollar(SBD)
DAI

Introduction:

As we all know about the high volatility of cryptocurrencies so the merchant doesn't use them or users consider cryptocurrencies as extremely risky and they donot use cryptocurrencies as a direct replacement for traditional fiat currencies so there is a need of stablecoins for cryptocurrency.

What is Stablecoin?

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Stablecoins designed to create a stable and authentic environment to raise the cryptocurrencies' adoption and invalidate digital assets' unpredictable nature. They offer the best security and decentralization of cryptocurrencies, with fiat currencies' stability.
So, they are a digital currency where user don't have to worry about the volatility or instability of crypto prices.

About DIA:

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Decentralised Information Asset is abreviated as DIA. It is a financial information platform that useful in crypto-economic stimulants to source and verify data.

An ERC20 token on the Ethereum blockchain is DAI, that has a steady value of one US dollar.
DIA is the key to the MakerDAO lending system. DIA is created when a loan is taken out on MakerDAO. The users borrow and pay-back the currency in DAI. Once DAI is generated , it functions simply as a stable Ethereum token.

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DIA supports crypto-economic stimulants and the wisdom to source, verify and deliver financial data trustable.

MakerDAO:

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Maker is an agreement or protocol that moves on the decentralized ETH blockchain.
MakerDAO allows the creation of DAI, the world's first unbiased currency and leading decentralized stablecoin.
It facilitates two different tokens Makercoinand DAI both are ERC-20 tokens.
DAO Maker generates various growth technologies and funding frameworks also reducing risks for investors.

HOW DIA works:

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DAI keeps its value stable to the US dollar. when there are changes in the market it always shifted towards that side where changes can be minimize. It happens in the Maker platform by the usage of the MKR tokens and other stabilizing methodology . It does not require a centralized authority unlike other stablecoins. The DAI/Maker project is entirely running on the ETH blockchain making DAI a truly decentralized stablecoin cryptocurrency.

When the value of DAI goes up than a dollar, the system automatically provides stimulants to users to decrease the price. On the other hand, when it goes lower than 1USD, the stimulants are reversed.

Coin market cap can be used for DIA :

It is the most-referenced price-tracking website for cryptoassets . Its aim is to built crypto discoverable and efficient globally. And to give high quality and precise information.
To use this first make your account on their website by giving your all information and start trading.

By using this account we can get clear picture of market through price chart, trends in market, DIA price token, news about DIA, DIA live price. It will be very useful in trading. I'm giving some screen shots from coin market cap for you.

That's all from me.

thanks for reading.

Mentioning respected @steemcurator01, @steemcurator02, @steemitblog and @yohan2on for their support.