Steemit Crypto Academy week 7: Stable coins - Part2 @yohan2on @eulalia1202

It is a stable and certified ERC-20 token, created in 2017 by TrustToken and is part of the blockchain-based trusttoken platform of the ethereum-based block chain, this stable coin is backed by 1 US dollar that independent auditors weekly endorse this information, the trusttoken network has a bank that can make the withdrawal of your assets for only 0.10% of the operation, the objective of TrueUSD is very similar to many of the other stablecoin projects, which is to become a tool stable commercial for everyone, at a commercial level that can be used to pay for goods and services as well as exchange in different wallets.

-because it is a centralized platform, it offers its users legal protection of tokens.

-It is extremely fast for exchanges because it is an ERC-20 token.

-the cost is 1 TrueUSD for 1 US dollar.

-when someone exchanges TrueUSD tokens for dollars, these tokens are burned.

-one of its disadvantages is that investors depend and trust a company for the retention of their assets.

You can go to your favorite trade platform and it will offer you a payment system, for example binance you can make a bank deposit or use your debit card to make the purchase of TrueUSD tokens, but you can also purchase it through, kraken, etoro, bitpanda.

TrueUSD's main objective is to use this token to make payments for services, remittances, for loans, as an exchange method for other tokens and for other defi protocols, what TrueUSD intends is to be compatible with users around the world and transmit to them confidence in its use, due to its low cost of commissions for the use of withdrawal and its speed for the exchange for being a token based on ethereum.

TrueUsd has the same vision of many other stable cryptocurrencies which is to be the number in preference for millions of users, this will allow them to be the best platform in the use of a stable currency since this currency inspires confidence due to its unique characteristics, you can be exchanged when the client wishes and better still has legal backing of their assets, in addition to this it is preferred by clients for having its fair value at 1 US dollar, and for its speed in transfer.