What is the current value of USDC and BUSD in September?
Mahesh KalamkarDec 18, 2021 · 3 years ago3 answers
Can you tell me the current value of USDC and BUSD in September? I'm curious to know how these two stablecoins are performing in the market.
3 answers
- Dec 18, 2021 · 3 years agoSure! As of September, the current value of USDC (USD Coin) is 1 USDC = 1 USD. It is designed to maintain a 1:1 ratio with the US dollar, providing stability and reliability in the volatile cryptocurrency market. BUSD (Binance USD) also maintains a 1:1 ratio with the US dollar, so its current value is also 1 BUSD = 1 USD. Both USDC and BUSD are widely used in the cryptocurrency industry for trading, investing, and as a store of value.
- Dec 18, 2021 · 3 years agoWell, in September, the value of USDC and BUSD is pretty straightforward. Both stablecoins are pegged to the US dollar, so their value remains constant at 1 USDC = 1 USD and 1 BUSD = 1 USD. This stability makes them popular choices for traders and investors who want to minimize their exposure to the volatility of other cryptocurrencies.
- Dec 18, 2021 · 3 years agoAccording to my sources, the current value of USDC and BUSD in September is 1 USDC = 1 USD and 1 BUSD = 1 USD. These stablecoins are backed by reserves of US dollars, which ensures their value remains stable. USDC and BUSD are widely used in the cryptocurrency market for various purposes such as trading, lending, and remittances. Their value is not subject to the fluctuations seen in other cryptocurrencies, making them a reliable option for users.
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