Steemit Crypto Academy week 7: Stable coins - Part2 True USD @yohan2on for @johana2021

Thank you professor @yohan2on for reviewing and correcting my homework.

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True USD:

fuente

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It is a coin that was founded in 2017 in San Francisco by the founders Rafael Cosman, Danny An sthepen Kade, through the trustoken platform.
It is a unit of value that is attached to a fiat currency as it is also known as a stable currency and is attached to a currency such as the dollar called TrueUSD. Which is backed by a USD legally protected and verified by third parties, and thus provide security to token holders against misappropriation reducing the risk of the counterparty, transferring the funds to another registered financial entity to keep the funds backed safely and thus guarantee that the entities manage the funds directly.

With a similar objective to other stablecoins, with the possibility of becoming an option for cryptocurrency traders, if such an objective is achieved it would be used by consumers as a means of exchange where it would have to offer tokens so that it can transmit confidence to its customers. users. users.

There is a platform where you create asset-backed tokens, with the option to buy and sell internationally.
With the ease that it can be charged for 1 US dollar, but first users must complete a data verification to avoid money laundering to transfer the amounts to third parties through an etherum account that once the user has generated from equal to TUSD. Opting for legal protection, real and total guarantee, with reliable and exchangeable fund management of USD for TUSD.

The TUSD can be traded on the different cryptocurrency platforms that are safer and recommended for the payment offered by each one with an estimated deposit time, said platforms; Binance, Bittrex, Cryptopia and UpBit that are not in the power to regulate the variability of the high inflation of cryptocurrencies which are published and updated daily, submitting each month to an audit to confirm each of their functions in the exercises.
The advantage is that TrueUSD does not touch the funds, but rather the companies in charge carry out the exchange of the dollars through guarantee agreements, maintaining their reserves in dollars.

Where they will pass it through common and current currencies with the possibility of withdrawing their funds with full guarantee and zero liquidity in the face of variability.
If it is well accepted in the long term we could have apart from TrueUSD but also TrueEuro, trueYEN, TrueBond with the option of world trade overthrowing the current monesdas.

DC:
@steemcurator01.
@steemcurator02.

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I thank you for your contribution and support for each knowledge.