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Discover Latest #Binance USD News, Articles and Videos with Contenting
Binance USD is a cryptocurrency that is backed by the US dollar. It is created by the popular cryptocurrency exchange Binance, and it is an ERC20 token based on the Ethereum blockchain. Binance USD is a stablecoin, meaning that its value is pegged to the US dollar. This means that 1 BUSD is always equal to 1 USD. Binance USD is used as a medium of exchange on the Binance platform and can be used to purchase other cryptocurrencies. It is also used for trading, investing and hedging against volatility. Binance USD is a popular choice for traders and investors because it is a stable, secure and reliable way to store and transfer funds. The news and articles related to Binance USD can help traders and investors stay up to date with the latest happenings in the cryptocurrency world.
Binance USD market capitalization drops by $2 billion in a month | coindesk JAPAN | Coindesk Japan | BitcoinWarrior
The market capitalization of the crypto asset (virtual currency) exchange Binance stablecoin “Binance USD (BUSD)” continues to decline. According to CoinGecko, the market cap of Binance USD fell to…
Binance’s $BUSD Sees Market Cap Plunge by $2 Billion as Tether’s Market Share Rises
The stablecoin of leading cryptocurrency exchange Binance, $BUSD, has seen its market capitalization plunge by $2 billion after reports of its past mismanagement surfaced, at a time in which Tether’s $USDT has been seeing its market share of the stablecoin space rise. According to available...
Binance Stablecoin BUSD Loses $2 Billion in Market Cap in a Month – What’s Going On?
The Binance USD (BUSD) stablecoin continues to lose ground versus other stablecoins, and has over the past month lost as much as $2bn in market capitalization. At its low on Wednesday this week, BUSD’s market cap touched $15.3bn, down more than $2bn compared to the $17.5bn market cap it had on...
Moody’s is building a scoring system for stablecoins: report - BTC Ethereum Crypto Currency Blog
Moody’s wants to build a scoring system for stablecoins as the market grows amid increased regulatory attention. The system will provide an rating system for the top stablecoins based on quality of their reserve attestations. The leading stablecoins by market cap today are Tether (USDT), USD Coin (USD) and Binance USD (BUSD). Moody’s Corporation, a More