A pegged stablecoin by Binance offering 1:1 parity with the US dollar on the BNB Smart Chain. More
| Fully Diluted Valuation | $6.79B |
|---|---|
| 24H Trading Volume | $1.85B |
| 24H Low / High | $1.00 / $ 1.00 |
| Circulating Supply | 6.78 B |
| Total Supply | 6.78 B |
| Max Supply | ∞ |
| Categories | Stablecoins 4 more |
|---|---|
| Founder | Anonymous |
| Website | bscscan.com |
| Socials | |
| Chains | Binance-smart-chain Ecosystem |
| Explorer | Binplorer 2 more |
| Contracts |
0x55d....97955
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| Name | Pair | OG Score |
|---|
Binance Bridged USDT (BNB Smart Chain) $BSC-USD brings together the advantages of blockchain technology and traditional financial systems. Acting as a pegged token, it allows users to convert their cash into a stable digital currency equivalent. By doing so, Binance Bridged USDT (BNB Smart Chain) $BSC-USD ensures the integration of innovation and stability in the cryptocurrency space.
Project Overview
Binance Bridged USDT (BNB Smart Chain) $BSC-USD is a stable digital currency that is fully backed and pegged to the US dollar. It offers the seamless ability to trade and transact value on the blockchain while maintaining the stability of fiat currency. The token is part of Binance’s initiative, leveraging the BNB Smart Chain to enhance efficiency and lower transaction costs in the crypto ecosystem.
Built on the foundation of Binance’s robust infrastructure, Binance Bridged USDT (BNB Smart Chain) $BSC-USD ensures compatibility with decentralized platforms within the BNB Smart Chain. Its pegged nature guarantees that each $BSC-USD unit equals one US dollar, ensuring the value is preserved.
Key Features
Pegged Stability: Binance Bridged USDT (BNB Smart Chain) $BSC-USD is pegged to the US dollar, providing users with the confidence of stable value in volatile markets.
Blockchain Efficiency: By utilizing the BNB Smart Chain, Binance Bridged USDT (BNB Smart Chain) $BSC-USD benefits from enhanced speeds, reduced transaction costs, and stronger scalability.
Seamless Tradability: Binance Bridged USDT (BNB Smart Chain) $BSC-USD enables smooth integration with decentralized applications (dApps) and trading platforms operating on the BNB Smart Chain.
Use Cases
Binance Bridged USDT (BNB Smart Chain) $BSC-USD offers a wide range of applications that expand the usability of cryptocurrencies in both traditional and innovative ways.
Trading: Traders can use Binance Bridged USDT (BNB Smart Chain) $BSC-USD as a stable trading pair to mitigate risks associated with market fluctuations.
Payment Solutions: The token serves as a medium for global transactions with minimal fees and near-instant processing.
DeFi Integration: Binance Bridged USDT (BNB Smart Chain) $BSC-USD seamlessly integrates into various decentralized finance (DeFi) platforms, enabling borrowing, lending, and liquidity provisioning.
Cross-Border Transactions: Users can transfer value internationally without relying on traditional banking systems, saving time and costs.
Hedging Mechanism: Binance Bridged USDT (BNB Smart Chain) $BSC-USD acts as a secure option for hedging against crypto market volatility.
Founders, Backers, and Partners
Binance Bridged USDT (BNB Smart Chain) $BSC-USD is backed by Binance, one of the largest and most trusted cryptocurrency exchanges globally. Binance’s expertise in blockchain technology and its commitment to innovation ensure the reliability and stability of Binance Bridged USDT (BNB Smart Chain) $BSC-USD.
The token operates within the ecosystem of the BNB Smart Chain, which is supported by Binance and its network of partners, contributing to the seamless integration of the token in various DeFi and blockchain-based applications.
Conclusion
Binance Bridged USDT (BNB Smart Chain) $BSC-USD plays a pivotal role in bridging the gap between blockchain technology and traditional currencies. Its pegged nature to the US dollar offers stability, while the use of the BNB Smart Chain provides efficiency and cost-effectiveness. Through its innovative applications and robust backing by Binance, Binance Bridged USDT (BNB Smart Chain) $BSC-USD stands as a key player in the growing crypto ecosystem.
Binance Bridged USDT BNB Smart Chain $BSC-USD combines blockchain efficiency with pegged stability, offering seamless dollar-backed transactions.
The founders are anonymous.
Binance is the primary backer of Binance Bridged USDT BNB Smart Chain $BSC-USD.
Uniswap V3 (BSC), PancakeSwap (v2)Pancakeswap V3 (BSC)
