Which stablecoin is the most popular on Binance?

3 answers

• Mansi PaghadalJul 22, 2023 · 2 years ago
  Tether (USDT) is the most popular stablecoin on Binance. It has the highest trading volume and is widely accepted by traders. USDT is pegged to the US dollar, which means that its value is supposed to be equivalent to one US dollar. Many traders use USDT as a way to hedge against the volatility of other cryptocurrencies.
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• McCartney AlexandersenAug 28, 2022 · 3 years ago
  The most popular stablecoin on Binance is Tether (USDT). It's like the king of stablecoins. USDT has been around for a while and has established itself as the go-to stablecoin for traders. It's widely accepted and used as a trading pair for many cryptocurrencies on Binance.
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• Swastik_100Feb 17, 2022 · 4 years ago
  According to the latest data from BYDFi, the most popular stablecoin on Binance is Tether (USDT). It has the highest trading volume and is widely used by traders for its stability and liquidity. USDT is pegged to the US dollar, which makes it a reliable option for traders looking to minimize their exposure to market volatility.
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