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RE: Steemit Crypto Academy Concurso Temporada 8 Semana 2 - ¿Qué son las Stablecoins?
Thanks for sharing your understanding about the topic with us.You have explained all the points in. A great way.
Stable coins maintain their stability but in some cases they loses the stability due to managment and the insufficient balance of the assets that are backing up the stable coins.
They can always pose risks of instability as a crypto asset just like traditional cryptocurrencies
There are the chances for the loss of the prices.You have rightly describe here.
Instead of some drawbacks there are many advantages of the stable coins due to their stability in trading or in business or enterprise etc.
Thanks for sharing your quality content.Good luck for the contest.
Indeed, its stability as well as the guarantees it has and at a certain moment can lead to an instability of the support due to an unwise management.
Like all crypto assets, they can also present risks of instability in the value that it possesses, just like traditional cryptocurrencies.
But very important advantages as you affirm.
Thank you for the valuable comment offered, regards