I'm aware of so-called stable coins. The risk with them is you must trust they have the backing & will make good on your claim. Now, since Brave is a company dealing with customers and content creators who actually have to get paid by them, they already must be trusted...so I do think this would have a been a better way to go.
I understand that crypto can be converted "easily". But how does that square with storing BAT in your wallet for long periods of time to frictionlessly use it to pay content-creators? Is "eaily converting" (presumably quickly with very small "hodl" periods) consistent with how the token is supposed to be used: stored on a wallet, collected by content creators periodically?
The short answer: for many Brave and BAT users are just going to do the standard thing of using the BAT they earn to support content creators. These folks aren’t concerned with volatility.
Users who are interested in building a business in the BAT ecosystem requires a different use case.
Now, if the BAT ecosystem takes off and it becomes possible to build a business using BAT, there will be all kinds of services to help content creators deal with the gobs of BAT they may collect.
Uphold, who is Brave’s partner that provides wallet services already has a bunch of useful services if someone has a non-trivial amount of BAT: https://uphold.com/
I understand that crypto can be converted "easily". But how does that square with storing BAT in your wallet for long periods of time to frictionlessly use it to pay content-creators? Is "eaily converting" (presumably quickly with very small "hodl" periods) consistent with how the token is supposed to be used: stored on a wallet, collected by content creators periodically?