Good day Steemians. I really must admire and compliment @steemitblog, the @crypto-academy community and the Professor's especially Professor @yohan2on for his wonderful lectures each time. Below are my answers to his questions Homework task:
Write about any one of the following Stable coins

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

INTRODUCTION

Stable coin is a cryptocurrency that the price is fixed on a fiat or traditional centralized asset like gold or dollar just to achieve a stable price. DGX produced a solution to the loss caused by high market volatility.

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DIGIX(DGX)
Digix (DGX) is currently rated at about $40+ and that's a very good thing because of the kind of the comodity it's pegged to which has low volatility. It's a gold-backed crypto because it's been pegged to the fiat currency and while Digix seems to be the first Ethereum blockchain token tied to a centralized comodity, it's equation stands as 1 DGX = 1 GRAM Of Gold .

For you to tokenize an asset like gold using Digix on the Ethereum blockchain successfully, there are 2 key products In a Digix white paper model ( asset card & DGX white paper ) though you need to pass through a process called "Proof of Asset" and this includes all about the decentralized stuffs where the third party can't have access to the transactions due to its security.

Benefits of DIGIX(DGX)
• DGC is been transacted on a decentralized platform which is the ethereum blockchain and this affirms quality security and transperancy on every transactions done and there's no third party that would tamper with the transactions .Ordinarily transporting physical gold in large quantity is a tedious job.DGX makes the gold to be transferred in the form a crypto.

• You can store, transfer gold and all is at a very low rate because the comodity had a very low volatility rate and gives you the confidence that you're safe with you transactions are neat.

• Everyone could purchase gold using Digix and as well save any desired amount of gold at his/her choice.

WHERE TO BUY DGX
•Download Coinsquare

•Sign up on Coinsquare https://coinsquare.com/ and verify account

•Fund account with desired amount of fiat.

•Buy Ethereum using the fiat currency.

•Withdraw the Ethereum to wallet and use it up buy DGX.

HOW TO SELL DGX
• You've to exchange DGX for Ethereum into your Coinsquare account.

• Click on sell to swap the ethereum currency for desired fiat then transfer to your traditional bank.

CONCLUSION

Thank you professor @yohan2on for this wonderful lectures and assignment, tho I found it diffult but it was worth the try.