Hi @darwinking

Thanks for attending the 7th -Crypto course on stable coins and for your effort in doing the given homework task.

many users in the world are using coins like PAXOS to accumulate profits and thus not resort to fiat currencies, centralized banks etc., this company was established in 2012 and operated in exchange in itBit.

well, with stable coins, you should avoid associating them with profits there might be some profits but they are very minimal.
Stable coins are generally used as a store of value.

Homework task
6.5