Is Busd the same as BNB?

BNB is the first non-Poloniex exchange platform token to be listed on Poloniex. Learn more about BUSD on their website. Binance USD (BUSD) is listed as an ERC-20 stablecoin issued on the Ethereum blockchain . BUSD is collateralized by US Dollars and issued by Binance.

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What is Binance peg Busd?

Binance creates BUSD (BEP-20) by holding BUSD in an Ethereum blockchain address and minting peg BUSD tokens, each of which corresponds to a BUSD token held in reserve by Binance . BUSD (ERC-20) and BUSD (BEP-20) holders can swap their tokens between the blockchains depending on their needs.

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