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Hello everyone
I'm very happy to join this week's lecture where our lecturer @yohan2on help us with the demerits of single coin and ask us to make a post on the any of these single coins.

• USDC
• TUSD
• PAX
• DGX

TRUEUSD

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TrueUSD also shortened as TUSD is a stable coin,which means that its prices is regulated because it is pegged with its equivalent with US Dollar.
However, US Dollar is one of the most powerful and world best reliable currencies because of their largest economy which bypass many other countries' economy. It is not highly affected by inflation as it is always in check.

TUSD is ERC-20 token which means that it is one of the digital currencies that is backed up by ethereum platform and powered by blockchain technology. Being Ethereum designed coin, it is highly decentralised and can be stored on different wallets.

TUSD is collateralized token and regulated digital coin that is highly centralized making it is highly exposed and more risky to be attack by hackers.

It was first launched in early 2018 and have been the simplest, free, transparent and reliable stable coin without any hidden bank transactions. But, its shares or holdings are effectively distributed to various trusted partners and companies which publishes their collateralized transactions daily and help to regulate this widely used stable coin.

USES OF TUSD.

Like all other cryptocurrencies, TUSD is very vital in our modern economy through these means.

• Trade

TUSD is very good for trade and it is highly acceptable and can harder be affected by high inflations. Its is ranked 17 by crypto index, meaning that it is popular and have high market liquidities.

• Financial Exchange

TUSD offer a good market entry that substitutes the default role played by Bitcoin and Ethereum because of its stabilities.

• Financial Prediction.

TUSD provides a good index and chart for market capitalization which is very helpful in predicting the prices uptrend and downtrend. Very good aid to the investors.

TrustToken

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This is a financial platform that create assets on blockchain technology and allow users to own them by means of tokens.

These assets can be in different fields of human endeavors like oil, estate, timeshares, businesses, rental properties etc.

This company that owns these services was established at 2017 with well trained scholars from several reputable organizations like Google, Pwc, Goodman Sach, Airbnd, Pay pal, Stanford etc.
The current detail from the company shows that its total funding amount of $21.7, 10 current team members and 20 total investors.

How TUSD Works?

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Once the user passes kyc/Aml, the USD is send to the trust partners send the smart contracts which verifies the purchases and issues the coins equivalent to the USD and saved it at that in the individual's ethereum wallets provided.

As the coin is the wallets of the user, who can use it for whatever he desires. And the coin can be reverse back to USD too.

CONCLUSION

TUSD is one of the best world wide use stable coin. Its very popular and highly tradable. Its cannot be easily affected by market fluctuations and inflations. This projects is armed by reputable scholars and have good future prospects.

I am very grateful to our crypto-professor @yohan2on, @steemcurator01, @steemcurator02, and @steemitblog for this @cryptoacademy.