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:
CoinGecko: [ Ссылка ]
GeckoTerminal: [ Ссылка ]
Binance USD: [ Ссылка ]
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
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