Binance USD (BUSD) is a stablecoin that is pegged to the value of the US dollar. As a digital currency, BUSD offers a number of benefits and drawbacks compared to traditional forms of money. In this article, we will take a look at some of the pros and cons of BUSD. Pros: Price stability: One…
Month: January 2023
Largest milestones of BUSD
Binance USD (BUSD) is a stablecoin that is pegged to the value of the US dollar. Since its launch in September 2019, BUSD has grown to become one of the most widely used stablecoins in the crypto market. In this article, we will take a look at some of the largest milestones of BUSD since…
What is BUSD?
Binance USD, also known as BUSD, is a stablecoin that is pegged to the value of the US dollar. It is issued by Binance, in partnership with Paxos, and is fully compliant with regulatory requirements set by the New York State Department of Financial Services (NYDFS). BUSD was launched on September 5th, 2019 and is…