Comparison of projects USD Coin and Binance USD

USD Coin

by Centre
(1 review)

Stablecoin pegged to the US dollar in a ratio of 1:1.

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.

Stablecoin pegged to the US dollar in a ratio of 1:1.

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.

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Cryptocurrencies

Stablecoins Cryptocurrencies tied to the value of physical values or stocks of fiat currencies. 1
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Which project is right for you?

Comparison of interfaces USD Coin and Binance USD

USD CoinUSD Coin
Binance USDBinance USD

Reviews about USD Coin and Binance USD

USD CoinUSD Coin

Excellent coin

Recommend
Positive
Reliability
Convenience
Appearance
Price
Support
Functionality

Liked

  • Fast speed of transfers.
  • Its future prospects have made users more and more interested.
  • Anyone can make deposits of dollars they have stored in their bank accounts and convert them into tokens.
  • All USDC tokens are regulated, transparent, and fully verifiable.

Disliked

  • Assets are always at risk of sale
  • Tokenization process could take two business days.

USDC uses the ERC20 standard to work and it is based on the Ethereum blockchain. USD Coin (USDC) aims to prioritize the development of an efficient mechanism for conducting financial operations. It is a dollar-backed token based on an open source stable source framework developed by Center. Thanks to Coinbase, you can store your USDC with the Coinbase Wallet.

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.

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USD Coin

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Binance USD

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