What is the best stablecoin?

Binance USD is one of the most popular stablecoins in the crypto market. These stablecoins are generated from the Binance company. It is basically the Binance crypto being pegged to fiat cash, more specifically, the US dollar. This is one of the most used stablecoins in the market.

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What is considered a stablecoin?

A stablecoin is a cryptocurrency whose value is fixed to another asset , often currencies such as the U.S. dollar or the euro, though other assets are possible. This kind of crypto coin tracks the underlying asset, making its value stable over time, at least relative to the currency it’s pegged to.

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