Hey @nuruzzahri

Thanks for sharing the detailed explanation. Stable coins have many advantages for the traders or investors . It proves the good investment for the trading.It is also trusted due to volatility as these coins do not change their prices rapidly.

Other cryptocurrencies are really volatile.Stable coins maintain the stable prices even in the high bearish trends in the market.

Although it has some pegging issues such the insufficient balance for backing up to stable the price in market. But still it has good demand and good for the trading.

Thanks for sharing.Good Luck for the contest.