Steemit Crypto Academy | Homework Task 7 @yohan2on | Stable Coins|set at 100% power-up

Hello steemians!
Here's my entry in respect to the homework task assigned by crypto professor @yohan2on original post here

Homework task:

USD Coin (USDC)
TrueUSD (TUSD)
Paxos Standard (PAX)
Digix (DGX)

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USDC Encrypted Dollar

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The USDC is one of the best stable and stable currencies in the world, a currency originated in 2018, by Circle Financial, as well as the Cryptocurrency Exchange Coinbase, and succeeded in a short time in attracting many investors to it, to be a very important currency in the history of this market in general.

The USDC, which is also pegged to US dollars at 1:1, ranks 12th in the digital currency race in general, in terms of market value, while it is the second best stable currency in the world.

USDC has been listed on several cryptocurrency exchanges including Bitstamp, Bitrue, LATOKEN .

Stable Currency PAX

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PAX, one of the best fixed currencies in the world at the moment, has succeeded in gaining popularity among virtual currency investors despite its modernity, but it is indeed a currency worth investing in.

PAX relies on ethereum blockchain, the currency is supposedly controlled, certainly backed by US dollars, and is supported on a large number of exchanges, and reports indicate that the currency, unlike the fixed currency market, confirms that all its reserves are held in separate accounts of US-registered FDIC banks.

AT PRESENT, PAX RANKS 97TH IN TERMS OF MARKET VALUE FOR THE CRYPTOCURRENCY MARKET IN GENERAL, WHILE LOOKING AT THE STABLE CURRENCY MARKET IT IS RANKED 3RD IN TERMS OF MARKET VALUE.

PAX has been listed on several cryptocurrency exchanges including Huobi Global, Binance, Digifinex .

Trueusd “TUSD“

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A new stable currency, supported by US dollars, distributed across various escrow accounts, within the Trust Token Platform, based on the Ethereum network.

The currency was first listed on CMC data on March 6, 2018, at a constant value of $0.99, or $1.01 per currency.

At present, the currency ranks 169th, competing for the market value of the cryptocurrency market, at $214 million, and at the time of writing it was $1.01.

Trueusd has been listed on several cryptocurrency exchanges including Binance, Bittrex, and Zebpay.

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