Hey guys, this time I want to make a homework post that will answer the questions of professor @yohan2on from Steemit Crypto Academy, as for the question is to explain one of 4 stablecoin that have been given whiches USD Coin, TrueUSD, Paxos Standard, and Digix.

So this time I want to make a post about TrueUSD (TUSD)

[1] What Is TUSD?

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TrueUSD is a token created by the TrustToken platform which is intended as a StableCoin that can help crypto-asset holders handle/control the very high volatility of cryptocurrency. TUSD works on the Ethereum Blockchain system and is one of the tokens of ERC-20. TUSD is assisted by a smart contract that takes care of all matters regarding transactions in the TUSD token.

Based on the name itself, we can know that TUSD is a token that fixes its price on US Dollars, this is the same as USDT tokens. The price of 1 TUSD token is equal to $1, which means that if we want to have 1 TUSD token, we have to invest our money in the amount of US $1.

[2] The virtues of TUSD

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All transaction processes that we carry out on TrueUSD will be transparent, we and other people involved in a transaction will be able to see everything without being covered and reduce crime in the abuse of TrueUSD assets.

And of course, your money will be safe if it is in TUSD, because the level of stability it has is very high, below I will show a graph of the TUSD value.

TUSD has a high level of security. In order for you to use TUSD, you must first pass the KYC / AML standard test as a condition so that you can use TUSD legally and freely.

In the transaction process on TUSD, you will take full control of all your asset transactions. There is no other party that will control all your transaction processes so you don't have to pay additional fees when the transaction process takes place on TUSD.

[3] Current Condition of TUSD

If we look at the current price of TUSD, then according to the image below which I took from the Coinmarketcap website, it indicates that the current TUSD price is at exactly $1.

Source: Coinmarketcap

The TUSD token Market Cap amount of $331,940,880 is currently decreasing by around 0.43%.

Source: Coinmarketcap

The total volume of TUSD traded at the moment is $73,585,349 today, slightly decreased by around 28.57% from the previous day. And the total circulating TUSD supply to date is 331,519,812 TUSD.

Source: Coinmarketcap

If we look at the highs and lows of TUSD which were reached during the last 24 hours, then we can see that the TUSD price is very stable at $1, this indicates that TUSD is a token that has a stable price.

By the way, TUSD is currently ranked 142th out of all cryptocurrencies.

Source: Coinmarketcap

Well, this is what I wanted to show you from earlier. You can see how stable this Token is, for about 3 years TUSD has been launched as StableCoin, there are only 2 to 3 times it has a value that slightly deviates from $1, and what is striking is only once, namely in 2018 the price of TUSD increased quite drastically to above $1.1 and that too is a positive thing.

Source: Coinmarketcap

Thank you for reading my blog, hope it will be useful for readers. ☺
I would also like to thanks @yohan2on, @steemitblog, @steemcurator01, @steemcurator02 for creating such excellent study spaces.
See you in the next post!!