Binance USD Stablecoin (BUSD): Is It SAFER Than USDT and USDC?

Binance USD Stablecoin (BUSD) Explained in 2023. In this video, we'll address
1. What is Binance USD?
2. How does BUSD work?
3. How to mint and use BUSD?
4. What's Binance-Peg BUSD and how does it compare to Binance USD?

Looking at CoinGecko, we can see that BUSD is the sixth-highest-ranking cryptocurrency and the third-highest-ranking stablecoin, with a market cap sitting at $22 billion. This figure sat at just under $1 billion at the start of 2021, meaning BUSD has grown a whopping 2,100% in two years.

But what is Binance USD? How does it look compared to other stablecoins such as USDT and USDC? Watch this video to find out!

Links:

Timestamps:
00:00 Intro
00:48 What is BUSD?
03:00 How does BUSD work?
03:46 How to mint BUSD?
04:14 Where to use BUSD?
04:28 What's Binance-Peg BUSD?
05:16 Outro

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#binance #binancecoin #cryptocurrency #cryptoresearch #web3 #finance #blockchain #stablecoins #stablecoin #cryptofud #mint

[CoinGecko]

Why are you using BUSD as compared to USDC or USDT? We would love to hear YOUR thoughts 🙌🏻

[sunshevy]

Great video, Investors need to plan on how to diversifying their asset to maintain winning gradually which Grizzly project is the best option for now.

[signalrod]

the guy who ran the bots for this token, do you not realise it will only discourage people from buying it and it will forever be a joke if you approach it like this

[KAL-]

It's the only safe stable coin out there because it's accounts are fully segregated and bankruptcy remote. No other stable coin can say that.

[bert]

How did you arrive at that 22b figure. You don't show the entire chart?

[ScottJohann]

Honestly I'm investing my time and money in crypto now because this new price is a clear sign for new investors to come in ✅✅

[KraLveGuL]

🇹🇷🕛 Thanks to you, I will earn money and learn English.

[kokorico]

BINANCE IS #1 & will remain that way