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

in SteemitCryptoAcademylast year

Dear friend @carlir,

You have fulfilled all the requirements for this assignment.

The definition you gave of stable coin is nice, it was given based on your understanding.

Yes, stable coin was designed to help create a token that is not vulnerable to the high volatility of the cryptomarket.

I particularly like your approach to the last question, there you listed distinctively the advantages and disadvantages of a stable coin and the traditional currency.

I wish you the very best in this contest

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