Steemit Crypto Academy Week 6 - Stable Coins @yohan2on @dulce2

Stable currencies means a currency whose purpose is that its value is not volatile like BitCoin, in turn it is backed by financial assets or Fiat currencies, there are also currencies that are backed by gold and other types of minerals, currently there are several Stable tokens that predominate in the most used in the world, Tether (USDT), USDCoin (USDC), TrueUSD (TUSD), DAI. These Cryptocurrencies are centralized and depend on a financial entity that is in charge of maintaining their active value, many of these companies have all of your Tokens in active values, and carry out all their transactions publicly to generate more trust and transparency in their clients. . These stablecoins provide the same benefits that traditional cryptocurrencies have, security and stability, and in some countries they are perfect for fighting hyperinflation, many people currently use them to trade with payments for goods and services on a daily basis.

Steem is basically a decentralized currency in a chain of blocks of the blockchain that works on the steemit platform, the latter is a platform for rewards through votes to publishers of any subject and allows them to reward them every time they make content in their community, this system is known as a "brain test." Within the platform, 3 types of tokens are traded 2 cryptographic tokens that you can exchange or sell to other users through the internal market of the Steem and Steem Dollar (SBD) platform, The other remaining token cannot be transferred so easily and is not taken counted as commercial currency.

Steem dollar (SBD) is created by the steemit platform in order to have the equivalent value of 1 US dollar, but due to the high demand and the limitation of SBDs, it currently stands at more than 6 US dollars.

We simply go to our wallet, and we go to the steem market, you can do it this way or by changing another cryptocurrency from any other external wallet such as binance, coinbase etc, but in this case we will trade with the same platform sellers by changing Steem to SBD, or SBD to Steem.

Simply add the name of the user to whom you want to send the Tokens on the same platform and that's it.

Thank you very much for these unexpected topics, this helps us to continue learning more and more about this world of cryptocurrencies. You have my full support professor.