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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Is Busd on Ethereum?

BUSD are issued as ERC-20 tokens on the Ethereum blockchain and are collateralized 1:1 by USD held in Paxos-owned US bank accounts. BUSD is also the one of three stablecoins approved by Wall Street regulators, alongside GUSD and PAX.

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What is the contract address for Busd?

Binance USD (BUSD) is a cryptocurrency and an Ethereum token. Added2.8 years agoContract Address0x4fabb145d64652a948d72533023f6e7a623c7c53Token Decimals18ExplorersNo explorers.Traded through8 exchanges Binance Cex.io CoinGecko CoinMarketCap Ethplorer.io HitBTC Market average PoloniexBinance USD (BUSD) – Token – CryptFolio cryptfolio.com › currencies › busd

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