Steemit Crypto Academy week 7: Stable coins - Part2 for @yohan2on by @jose6

The importance of stable coins is very important for many investors today, since many large investments depend on them today, there is also a lot of competition to see who takes the lead with each other and it is very important to know each one of them to know their characteristics that make them unique although many of them fulfill the same function, USDCoin is the preferred one for many investors since it was created in 2018 by the Center platform together with Circle and Coinbase, USDCoin is an ERC token- 20 based on blockchain ethereum on the blockchain, this coin is pegged at a value of 1 US dollar. The objective of this currency is to be used worldwide, to make payments in stores extremely fast, make loans, payment of services and for personal savings, this currency is created without emission limits since it is backed by each investment dollar is create a USDCoin token on the market.

In the world of volatile cryptocurrencies, the user is prone to a lot of stress from the markets, since they vary a lot between rises and falls in the values of the tokens, therefore many investors prefer to invest in a safe method to have their investments and make a transfer without commissions and without depending on a bank or a schedule, USDCoin provides complete transparency to its users, since it is a stable currency and will not lose its value. And for being ERC-20 that can be acquired by many exchange platforms that accept ethereum.

* is used by any platform that accepts ethereum.

* Every dollar invested in this currency is backed by banks.

* offers low transfer fees.

* its level of security is very high.

* Because it is based on ethereum, it acquires its properties.

* It is centralized.

Today the payments and exchanges of cryptocurrencies are going viral and the only thing that USDCoin needs is to go viral in society to be one of the first stable currencies predominant in the markets, which can be used as a fiat currency but electronic, too. There is a lot of financial movement being seen by USDCoin and by users to make payments for services, carry out a transaction, make loans, and to pay in commercial establishments.

The world is changing cryptographically, the use of stable and volatile currencies are changing the way of seeing the world economy, so we must learn more about cryptocurrency every day, to know more deeply about the subject, this currency in my opinion It will be one of the best stablecoins for commercial use, due to its transparency and its preference in the public.