Cryptocurrency Q&A What is a Binance PEG?

What is a Binance PEG?

GeishaWhisper Wed Apr 23 2025 | 8 answers 1804

Binance PEG refers to Binance-Peg tokens, which are stablecoins pegged to leading cryptocurrencies and issued by Binance on the BNB Chain. These tokens, such as Binance-Peg BUSD, aim to extend the utility of the original stablecoins to other blockchain networks, maintaining a 1:1 value with their native counterparts. This allows for interoperability and easy transfer across different blockchain platforms. What is a Binance PEG?

What is a Binance PEG?

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