Binance USD. The stablecoin

What is BUSD?

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How does it work?

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Can you mine BUSD?

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Difference between USDT and BUSD?

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What about USDC? Is it Safe?

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How secure is BUSD?

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Does BUSD work on Ethereum?

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Can u convert BUSD to USD?

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BUSD vs BNB

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Is Binance USD a good investment?

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Binance USD. The stablecoin

Binance USD. The stablecoin

What is BUSD?

What is BUSD?

BUSD is a stablecoin operating on Binance Smart chain & other blockchains. It was created by Paxos & Binance.

BUSD is a stablecoin operating on Binance Smart chain & other blockchains. It was created by Paxos & Binance.

How does it work?

How does it work?

Approved by New York State Department of Financial Services (NYDFS). It works on 1:1 US peg i.e 1BUSD = 1USD

Approved by New York State Department of Financial Services (NYDFS). It works on 1:1 US peg i.e 1BUSD = 1USD

Can you mine BUSD?

Can you mine BUSD?

BUSD is a stablecoin & is backed by equal value of USD reserve. It is not a mineable asset. Like USD, its supply is unlimited.

BUSD is a stablecoin & is backed by equal value of USD reserve. It is not a mineable asset. Like USD, its supply is unlimited.

Difference between USDT and BUSD?

Difference between USDT and BUSD?

Its the company governing these assets. Checkout USDT -

Its the company governing these assets. Checkout USDT -

USDT

What about USDC? Is it Safe?

What about USDC? Is it Safe?

USDC is a stablecoin by Centre Consortium between Circle & Coinbase. Check details-

USDC is a stablecoin by Centre Consortium between Circle & Coinbase. Check details-

USDC

How secure is BUSD?

How secure is BUSD?

BUSD is more transparent & secure than USDT. Every month an auditing firm review its BUSD and USD supply to ensure its stability & security

BUSD is more transparent & secure than USDT. Every month an auditing firm review its BUSD and USD supply to ensure its stability & security

Does BUSD work on Ethereum?

Does BUSD work on Ethereum?

Yes, BUSD is issued as ERC20 token on Ethereum blockchain & can be used as a replacement of USDT

Yes, BUSD is issued as ERC20 token on Ethereum blockchain & can be used as a replacement of USDT

Can u convert BUSD to USD?

Can u convert BUSD to USD?

BUSD is USD in digital form. Since it mimics the value of USD. It can be easily converted to USD during withdrawals.

BUSD is USD in digital form. Since it mimics the value of USD. It can be easily converted to USD during withdrawals.

BUSD vs BNB

BUSD vs BNB

BNB is the currency of Binance Smart Chain while BUSD is a stablecoin. Checkout BNB details -

BNB is the currency of Binance Smart Chain while BUSD is a stablecoin. Checkout BNB details -

BNB

Is Binance USD a good investment?

Is Binance USD a good investment?

BUSD is a stablecoin that will never appreciate because of USD peg. Use it to invest in cryptos & hedge against volatility.

BUSD is a stablecoin that will never appreciate because of USD peg. Use it to invest in cryptos & hedge against volatility.

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