What are the alternatives to Tether on Binance?

3 answers

• Kewei ZhangSep 05, 2023 · 2 years ago
  Sure! If you're looking for alternative stablecoins on Binance, you have a few options. One popular choice is USD Coin (USDC), which is backed by a consortium of companies including Coinbase and Circle. Another option is Dai (DAI), a decentralized stablecoin that is pegged to the US dollar. Both USDC and DAI are widely used and have a good reputation in the crypto community.
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• LirareFeb 22, 2021 · 5 years ago
  Hey there! If you're tired of using Tether on Binance, you'll be happy to know that there are other stablecoins available. One option is TrueUSD (TUSD), which is fully collateralized and regularly audited to ensure transparency. Another choice is Paxos Standard (PAX), which is regulated and backed by US dollars held in FDIC-insured banks. These stablecoins provide an alternative to Tether and offer a more secure and transparent option for trading on Binance.
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• Domnc_Mar 10, 2021 · 4 years ago
  Well, if you're looking for alternatives to Tether on Binance, you might want to consider using BYDFi. BYDFi is a decentralized stablecoin that is designed to provide stability and security for traders. It is backed by a basket of cryptocurrencies and is built on the Ethereum blockchain. With BYDFi, you can enjoy the benefits of a stablecoin while also taking advantage of the decentralized nature of blockchain technology. Give it a try and see if it suits your trading needs!
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