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Cryptocurrency Q&A What is busd in Binance?

What is busd in Binance?

Raffaele Raffaele Thu Mar 13 2025 | 7 answers 1368
BUSD in Binance refers to Binance USD, a stablecoin pegged to the US dollar. It is issued by Paxos and supported by Binance, with a 1:1 ratio to USD. BUSD is used for trading, investing, and transferring value within the Binance ecosystem and beyond, providing stability and liquidity to the cryptocurrency market. What is busd in Binance?
busd binance cryptocurrency

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