Cryptocurrency Q&A
What is Binance USD coin?
What is Binance USD coin?
Davide
Mon Oct 28 2024
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7 answers
1690
I recently heard about Binance USD coin and I'm curious to learn more about it. Could someone explain what Binance USD coin is and how it works? I want to understand its purpose and whether it's a good investment option.
7 answers
AmethystEcho
Tue Oct 29 2024
Binance, known for its immense trading volume, played a crucial role in the creation of BUSD.
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MountFujiVista
Tue Oct 29 2024
Binance USD, also known as BUSD, is a unique type of digital currency.
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Arianna
Tue Oct 29 2024
It is denominated in US dollars, providing stability and predictability.
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Lorenzo
Tue Oct 29 2024
Paxos, a highly regulated blockchain platform, was also a key partner in this venture.
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ChristopherWilson
Tue Oct 29 2024
The stablecoin was introduced in 2019, marking a significant development in the cryptocurrency world.
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