Comparison of projects Binance USD and Terra (LUNA)

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.

Terra (LUNA)

by Terraform Labs
(1 review)

A blockchain protocol for the creation of stabelcoins whose value will be anchored to fiat currencies.

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 protocol for the creation of stabelcoins whose value will be anchored to fiat currencies.

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Features

Cryptocurrencies

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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 Terra (LUNA)

Binance USDBinance USD
Terra (LUNA)Terra (LUNA)

Reviews about Binance USD and Terra (LUNA)

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.

Terra (LUNA)Terra (LUNA)

Terra is like////

Recommend

Terra is a decentralized blockchain. Terra's main purpose is to balance exchange rates. Luna is this currency and maintains the balance of the Terra blockchain and is always responsible for it. LUNA is responsible for keeping the Terra phase in one piece and ensuring price stability with the strength of the force that is the focal point of the problem. It is one of the platforms, which currently generate more revenue. Due to its commercial alliance with the CHAI Company, terra has increased the use of its platform since it offers transactions to be made in only 6 seconds. On the Terra platform, there is an opportunity to shop with both fiat currency and cryptocurrency.

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Binance USD

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Terra (LUNA)

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