Hello Steemian !!
In this article, I will discuss the homework provided by @yohan2on which is still about StableCoin. For homework this time, I will take TrueUSD as the main subject.

TrueUSD (TUSD)

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TrueUSD is a StableCoin that is included in the ERC-20 Token and runs on the Ethereum Blockchain. Because TUSD is a StableCoin, the price of TUSD is also pegged to a fiat currency which is meant here is the US dollar. Just like other StableCoin which fixes its price in US Dollar, TUSD also makes a price ratio to US Dollar of 1:1, which means that the price of 1 TUSD token is equal to 1 US Dollar.

TUSD is one of the tokens made by a platform called TrustToken. Why do I say one? Because TrustToken doesn't just create TUSD, but the platform creates several different tokens based on the currency it is based on. So the tokens created by TrustToken are as follows:

• TrueUSD (TUSD): Based on the American Dollar.
• TrueGBP (TGBP): Based on the British Pound Sterling.
• TrueAUD (TAUD): Based on the Australian Dollar.
• TrueCAD (TCAD): Based on the Canadian Dollar.
• TrueHKD (THKD): Based on the Hongkong Dollar.

Image from: TrustToken

Currently, TUSD has entered into the TOP 200 coin rank of all existing coins, to be precise at rank 159.

Image from: CoinGecko

When this article was created, the price of 1 TUSD was decreasing to $0.997809 with a decreasing percentage of -0.3%.

Image from: CoinGecko

The total MarketCap for TUSD to date is $306,237,683 with a total circulating supply of 307,632,958 TUSD.

In the picture below, it is also shown that the lowest price of TUSD for approximately the last 24 hours was $0.991820, while the highest price reached $1.01.

Image from: CoinGecko

If we look at the whole chart of TUSD for approximately 3 years running, this token is quite consistent at its pegged price of $1. We can see that the highest price was less than $1.08 while the lowest price ever reached never touched the $0.9250 mark.

Image from: CoinGecko

Advantages of TrueUSD (TUSD)

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There are many advantages that are the goal of making TUSD tokens, one of which is to control price volatility in the crypto world. as we know the level of price fluctuation in Cryptocurrency is very large, lots of people complain of losing the value of their assets that are only kept and not traded, this is what makes StableCoin like TUSD created to overcome this.

TUSD can quickly take advantage of other assets without having to fear further price fluctuations. This is because TrustToken has entered into many corporate partnerships, and this gives TUSD holders several options to increase their annual passive income.

The next thing that is the advantage of TUSD is that this token can be used for anything and for anyone without exception. TUSD can be used as a means of exchange by only using crypto funds without using fiat money, then TUSD can also be used as a lending tool for its users. And for sure TUSD can be used as a token to store crypto assets for cryptocurrency traders.

How to Get TrueUSD (TUSD)

Actually, there are several ways that we can get TUSD, but this time I will only teach one way that in my opinion is very simple and can be done by anyone who is familiar with the world of Cryptocurrency.

The way I mean is to buy TUSD on an exchange. If we look at the official TrusToken website, we can see several exchanges that trade TUSD, which are: Binance, Bittrex, Houbi, and FTX.

Image from: TrustToken

While if we look at the CoinGecko website, there will be a slight difference. On the CoinGecko site, it is stated that the exchanges that support trading TUSD are: Binance, VCC Exchange, Bittrex, Changelly PRO, and HitBTC.

Image from: CoinGecko

As an example, I will take Bittrex which is found on both websites.

First of all, you log in to your Bittrex account on the official website (you can click here) or you can log in via the Bittrex application on your Smartphone.

After that, you look for TUSD tokens in the search column on the Bittrex Market, then several market options will appear that you can use, including BTC/TUSD, USD/TUSD, ETH/TUSD, USDT/TUSD.

You can choose according to your initial assets to buy TUSD. For example, here I will choose USD / TUSD which means that I will buy TUSD with my initial asset, namely USD.

Image from: Bittrex

After that you will be taken to another page for the TUSD purchase process, all you have to do is select the green "Buy" option on the right, then all you have to do is fill in your bid price and how much TUSD you want to buy. And after that your offer will go to the "Order Book" below in accordance with the queue, after someone sells the TUSD at the price you offered, your TUSD will automatically be purchased and will enter your balance.

Image from: Bittrex

Conclusion

If we look at some of the things I have mentioned above, then TUSD deserves to be recommended as a StableCoin that can be used for various things, and most importantly for us crypto asset traders and depositors.

That's all from me, apologize if there is something wrong with my explanation, if you find these deficiencies or errors you can comment in the comments column below.
See you guys in the next post!!

STEEM ON!!!

CC:
@yohan2on
@steemitblog
@steemcurator01
@steemcurator02