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TagsWhich stablecoin is the most popular on Binance?
Alexander ShemJan 11, 2022 · 3 years ago3 answersAmong all the stablecoins available on Binance, which one is currently the most popular and widely used by traders?
3 answers
- Tether (USDT) is the most popular stablecoin on Binance. It has the highest trading volume and is widely accepted by traders. USDT is pegged to the US dollar, which means that its value is supposed to be equivalent to one US dollar. Many traders use USDT as a way to hedge against the volatility of other cryptocurrencies.Jan 11, 2022 · 3 years ago
- The most popular stablecoin on Binance is Tether (USDT). It's like the king of stablecoins. USDT has been around for a while and has established itself as the go-to stablecoin for traders. It's widely accepted and used as a trading pair for many cryptocurrencies on Binance.Jan 11, 2022 · 3 years ago
- According to the latest data from BYDFi, the most popular stablecoin on Binance is Tether (USDT). It has the highest trading volume and is widely used by traders for its stability and liquidity. USDT is pegged to the US dollar, which makes it a reliable option for traders looking to minimize their exposure to market volatility.Jan 11, 2022 · 3 years ago
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