Steemit Crypto Academy week 7: Stable coins - Part2 - @yohan2on for @omar2021

USDCoin was created in 2018 by the Center platform, circle and coinbase, they designed an ERC-20 blockchain token of the blockchain based on ethereum, USDCoin is anchored to the US dollar, that is, 1 USDCoin token is 1 US dollar, it is backed by banks that conduct an audit every month to make sure the dollar reserve is the same as the token reserve. The objective of this platform is to create a token capable of meeting the financial needs of the investor for transfers, deposits, payments in shops, loans, etc.

The USDCoin service providers are the banks that guarantee checks and balances in the tokens and fiat money of the reserves to guarantee the investment of each person.

* It can be acquired through wallets that accept ERC-20 tokens based on ethereum.

* speed in transfers and their use.

* You are fully backed by all your investments.

* Several banks in the nation back your assets.

* is governed by the united states banking security system.

* exchange fees are very low.

* offers complete transparency.

* Centralization

* depends on banks and financial institutions.

* regulation.

Today the use of stablecoins is covering a lot of ground in the world, and more and more people choose the use of stablecoins for their characteristics put in their creation, in the case of USDCoin most investors choose it for being ERC-20 token based on ethereum, for its speed and efficiency and for being backed by a large number of banks that guarantee its balance and comfort on investment, the USDCoin is used by many investors for being appropriate for loans, payments to third parties, payments to businesses, purchase of goods and services etc. and being part of ethereum, it allows you to be faster in your properties. This has generated a lot of reliability and acceptance in its investors.

Today there are many varieties of centralized and decentralized stablecoins, backed by their assets and others without support, so it is necessary to investigate well and very thoroughly about what the platform we want to invest offers, and what benefits it offers among its assets for give you speed, confidence and tranquility towards the investor.

Thanks for your attention.