Binance stablecoin

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??BINANCE DELISTS STABLECOINS EXPLAINED
Stablecoins are cryptocurrencies designed to offer market stability by being pegged to stable assets such as fiat currencies. Binance USD (BUSD) is a USD-backed stable coin issued by Binance (in partnership with Paxos), Approved and regulated by the New York State Department of. Stablecoins are digital assets that track the value of fiat currencies or other assets. For example, you can purchase tokens pegged to the dollar, euro, yen.

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The value of your investment may go down or up and you may not get back the amount invested. Disclaimer: Includes third-party opinions. DAI is over-collateralized to deal with the volatility of crypto, and users enter into Collateralized Debt Positions CDPs that manage their collateral.