what is the meaning of busd in cryptocurrency

Last Updated on October 16, 2023 by Paganoto

United States dollar – Wikipedia

BUSD is a U.S.U.S.The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.https://en.wikipedia.org › wiki › United_States_dollar

What Is BUSD? – Binance Academy

What Is BUSD? – Binance Academy

BUSD is a regulated, fiat-backed stablecoin pegged to the U.S. dollar. For every unit of BUSD, there is one U.S. dollar held in reserve. In …

Binance USD (BUSD) – Paxos

Binance USD (BUSD) – Paxos

Binance USD (BUSD) is a new stablecoin developed in partnership between Binance and Paxos. It is backed 1:1 by U.S. dollars.

What is Binance USD – BUSD Explained: Meaning & Definition

What is Binance USD – BUSD Explained: Meaning & Definition

BUSD is a digital asset that enables users to hold real-world value in a digital asset without being subject to the extreme volatility of other cryptocurrency …

What is BUSD in cryptocurrency? – Quora

What is BUSD in cryptocurrency? – Quora

BUSD is a cryptocurrency also called Binance US Dollar. It is a stable cryptocurrency and is a fiat-backed stable coin. BUSD is: 1.

Binance USD Price | BUSD Price, USD converter, Charts

Binance USD Price | BUSD Price, USD converter, Charts

Binance USD (BUSD) is a 1:1 USD-backed stablecoin issued by Binance, in partnership with Paxos, and approved and regulated by the New York State Department of …

What is Binance USD ? – Coin Rivet

What is Binance USD ? – Coin Rivet

Binance USD or BUSD is another proof of wrapped token, which is often described as a blockchain token pegged to the value of another asset – fiat currency, …

USDT vs. USDC vs. BUSD: How Are They Different?

USDT vs. USDC vs. BUSD: How Are They Different?

Stablecoins are cryptocurrencies whose values are pegged to a stable asset, mostly fiat currencies. Tether (USDT), USD Coin (USDC) and Binance USD (BUSD) …

What Is Binance USD(BUSD)? | Your Ultimate Guide

What Is Binance USD(BUSD)? | Your Ultimate Guide

BUSD was created by Binance, the largest crypto exchange. It is the second cryptocurrency launched by the exchange. This time, Binance wanted to …

Binance USD – CoinDesk

Binance USD – CoinDesk

Binance USD, which is also known as BUSD, is a U.S. dollar stablecoin issued by crypto exchange Binance and blockchain company Paxos Trust.

Paganoto
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.