What is the largest stablecoin supported by Binance?
Pappas LundgrenDec 27, 2021 · 3 years ago3 answers
Can you tell me which stablecoin is currently the largest one supported by Binance? I'm interested in knowing the most popular stablecoin on this exchange.
3 answers
- Dec 27, 2021 · 3 years agoSure! The largest stablecoin supported by Binance is Tether (USDT). It is the most widely used stablecoin in the cryptocurrency market and has a market capitalization of over $60 billion. USDT is pegged to the US dollar, providing stability and liquidity for traders on Binance and other exchanges.
- Dec 27, 2021 · 3 years agoThe largest stablecoin supported by Binance is Tether (USDT). It's like the king of stablecoins, reigning supreme in the crypto world. With its strong market presence and widespread adoption, USDT offers traders a reliable and widely accepted stablecoin option on Binance.
- Dec 27, 2021 · 3 years agoWhen it comes to stablecoins on Binance, the largest one is Tether (USDT). It's the go-to stablecoin for many traders due to its high liquidity and wide acceptance across various exchanges. USDT's peg to the US dollar makes it a popular choice for those looking for stability in their crypto investments. By the way, if you're interested in exploring more stablecoin options, you might want to check out BYDFi, a decentralized finance platform that also supports stablecoins.
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