Binance USD (BUSD) is a stablecoin pegged to the US dollar and issued by Binance in partnership with Paxos. It's designed to maintain a 1:1 value ratio with the USD, providing low volatility and ease ...
Binance turned into the biggest market for USDC, as traders flocked to swap out their USDT. The rapidly growing stablecoin answers the demand for regulated assets in the Euro area.
Opinions expressed by Forbes Contributors are their own. I’m a founder and partner at Ketsal focused on legal and crypto. The SEC alleged the following: Binance and “Trust Company A” issued ...
Some of the most popular stablecoins by market capitalization include Tether (USDT), USD Coin (USDC) and Binance USD (BUSD). There are many other stablecoins that also hold an important place in ...
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Stablecoins market cap hits $142B, Highest Since the 2022 crypto winter2. USD Coin (USDC) – Also pegged to the US dollar. 3. Dai (DAI) – Maintained through over-collateralization in the MakerDAO system. 4. Binance USD (BUSD) – Backed by US dollars held in reserves.
Data tracked by Glassnode shows that the supply of the top four stablecoins by market value – USDT, USDC, BUSD and DAI – has stabilized around $189 billion, representing a 30-day net change of ...
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