Cryptocurrency Q&A
Which crypto is based on Ethereum?
Which crypto is based on Ethereum?
GyeongjuGlory
Tue Jan 07 2025
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5 answers
1198
I'm wondering which cryptocurrency is built on the Ethereum platform. I know Ethereum supports smart contracts and various tokens, but I'm specifically looking for the name of a crypto that utilizes Ethereum's technology as its foundation.
5 answers
Moonshadow
Thu Jan 09 2025
This digital asset is categorized as a centralized stablecoin, which signifies its design to maintain a stable value.
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Stefano
Thu Jan 09 2025
The stability of Binance USD is achieved through its pegging to traditional currencies, typically the US dollar.
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IncheonBeautyBloom
Thu Jan 09 2025
Unlike decentralized stablecoins, Binance USD relies on a centralized entity, Binance, for its issuance and management.
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Luca
Thu Jan 09 2025
Binance USD holds the second position on this list, originating from the renowned Binance cryptocurrency exchange.
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HallyuHeroLegendaryStar
Thu Jan 09 2025
Built upon the Ethereum blockchain, Binance USD leverages the network's smart contract capabilities to ensure secure and transparent transactions.
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