Comparison of projects Binance USD and Elrond

Binance USD

by Binance Holdings Ltd.
(1 review)

Built on the ERC-20 standard from Ethereum (ETH) and is “backed” by a fund in dollars. For each issued BUSD, there is $1, which is stored in accounts in American banks.

Elrond

by Elrond Ltd
(No reviews)

A blockchain system for building fast transactions.

Built on the ERC-20 standard from Ethereum (ETH) and is “backed” by a fund in dollars. For each issued BUSD, there is $1, which is stored in accounts in American banks.

A blockchain system for building fast transactions.

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Features

Cryptocurrencies

Blockchain platforms platforms for creating digital assetsv (tokens) 0
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Stablecoins Cryptocurrencies tied to the value of physical values or stocks of fiat currencies. 1
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Comparison of interfaces Binance USD and Elrond

Binance USDBinance USD
ElrondElrond

Reviews about Binance USD and Elrond

Binance USDBinance USD

Rather good)

Recommend

Exchange services are at the top of most commercial services in the market and beyond, Binance USD or BUSD is a dollar pegged stablecoin that makes it much easier to transfer fiat USD anywhere, anytime using the low transaction rates of the blockchain. This stablecoin has an edge over all others. The most important benefit is the security of fiat currency. In the cryptocurrency market, rate fluctuations can be very strong, so you always need to have some kind of stable assets. The demand for them increases during periods of increased tension in the international situation. Since this token is pegged to the dollar, it is convenient to use a stablecoin at such times to wait out the period of uncertainty. Using this coin allows you to leave a profitable position without waiting for the money to arrive in the account.

ElrondElrond

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