How trustworthy is Busd?

BUSD is 100% backed by U.S. dollars held in FDIC-insured U.S. banks. BUSD is a stablecoin and its value is pegged to the USD or USDT value. USD is backed by the full faith in the US government, while the USDT is backed by nothing. So it can be said that BUSD is more secure than USDT .11 Ağu 2021

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Which is better USDT or Busd?

USDT has higher trading volumes but isn’t totally backed by cash reserves and has found itself tangled in reputation issues . In comparison, BUSD has undergone more extensive auditing processes and works on many different blockchains. The two currencies both provide fast transaction times with low fees.

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