Cryptocurrency Q&A
What to use instead of busd?
What to use instead of busd?
CryptoEagle
Wed Jul 31 2024
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5 answers
1194
Could you elaborate on why you're considering alternatives to BUSD? Are you looking for a stablecoin with similar properties, or are you seeking a digital asset with different features? BUSD, being a stablecoin pegged to the US dollar, offers stability and low volatility. However, if you're seeking a higher return on investment, you might consider other cryptocurrencies with more growth potential. Alternatively, if you're seeking a decentralized alternative, you could look into other stablecoins that are not tied to a specific fiat currency. What specific features or characteristics are you looking for in a replacement for BUSD?
5 answers
Elena
Fri Aug 02 2024
On March 17th, the exchange announced the replacement of Binance USD (BUSD) holdings within its SAFU fund.
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CryptoPioneer
Fri Aug 02 2024
This move saw BUSD being swapped out for TrueUSD (TUSD) and Tether (USDT), two other popular stablecoins in the crypto market.
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SolitudeEcho
Fri Aug 02 2024
The decision underscores Binance's commitment to maintaining a diverse and robust portfolio within its SAFU fund, designed to protect user funds in the event of a breach or loss.
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Giulia
Fri Aug 02 2024
Binance, a prominent player in the cryptocurrency landscape, recently made a strategic shift in its Secure Asset Fund for Users (SAFU).
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CryptoConqueror
Fri Aug 02 2024
Additionally, BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services tailored to the needs of crypto enthusiasts.
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