Hello, good evening professor, this is my job for the stable coins of Sachoos. Thank you for the opportunity to participate.
Introduction
The research to be seen is about the truth. I want to thank Professor @ yohan2on for making them work.
https://cryptologos.cc/trueusd
What is this?
To understand what we have to say about the real. It was developed through the TrustToken page dedicated to the creation of tokens that are backed with other assets negotiable anywhere in the world. The first definition is that it is a fixed currency.
TrueUSD is a fixed currency backed in US dollars, users have a complete guarantee of assets, as it is constantly audited by third parties, they are legally protected, users have funds fused in that currency. The right to exchange tokens for.
Simply put, TrueUSD dollars are deposited in various banking institutions and accounts that have signed guarantee agreements, instead of holding all of our trusts in a single entity that verifies and protects our money, we can do this work. Will hand over to several trust companies. Avoid common inconveniences such as improper appropriation of our money.
Thus regulating the high volatility that is characteristic of cryptos and each month they are audited to show good performance of tasks
https://cointopper.com/guides/what-is-trueusdtusd-coin-everything-you-need-to-know
Who is behind TrueUSD?
As unfolded in the TrueUSD platform, the team of developers behind this incredible idea brings together many professionals from the most highly recognized schools below: Stanford University, Berkeley University, Columbia University, among others, primarily law And between careers in finance. . Likewise, many of these have worked in well-known companies of our time such as Google, Facebook and PayPal such as Electronic Dollar Page
https://support.trusttoken.com/hc/en-us/articles/360025526291-How-does-TrueUSD-work-y
How TrueUSD Works
There are two ways for users to use it to buy or redeem in any way that funds are in their wallet, others will be transferred to others, or as a means of payment for the acquisition of goods or services will be used. Other crypto.
conclusion
TrueUSD is like one of the other cryptocurrencies and to know that it is TrueUSD we need to know the basics that TrueUSD was created by a platform called TrustToken, for this platform it was made trueUSD and This is why the task is being talked about or is now being researched to know what TrueUSD is in the definition, TrueUSD is that this pose is a fixed currency or fixed currency, but like other people No, for example here in Venezuela the devaluation of bolivars happens very quickly so investing in a stable currency can be midwives, digakes, steam dollars, True USD is a better option to protect our assets.
Thanks to @steemitblog for this initiative of SteemitCryptoAcademy, thanks to Professor @ yohan2on for weekly activities, thanks to @ steemcurator01 and @ steemcurator02 for all of our support.
Hi @priya0
Thanks for attending the 7th -Crypto course on stable coins and for your effort in doing the given homework task.
Feedback
Good work. Well done with your research on TrueUSD
Homework task
7.5
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