What is the commonly used term for the US currency in the world of digital money?

3 answers

• Nov 24, 2021 · 3 years ago
  The commonly used term for the US currency in the world of digital money is USD, which stands for United States Dollar. Just like in traditional finance, USD is the widely accepted abbreviation for the US dollar in the digital currency space. It is used as a standard currency pair in many cryptocurrency exchanges and is often used as a benchmark for trading and valuation purposes.
  383192
• Nov 24, 2021 · 3 years ago
  When it comes to digital money, the US dollar is commonly referred to as USD. This abbreviation represents the United States Dollar, which is the official currency of the United States. USD is widely recognized and used as a base currency for trading various cryptocurrencies on different exchanges. It serves as a stable reference point for traders and investors in the digital currency market.
  395132
• Nov 24, 2021 · 3 years ago
  In the world of digital money, the commonly used term for the US currency is USD, which stands for United States Dollar. Many cryptocurrency exchanges, including BYDFi, use USD as a trading pair for various cryptocurrencies. USD is considered a stable and widely accepted currency in the digital currency ecosystem, providing liquidity and facilitating global trading. As a result, USD plays a crucial role in the digital currency market.
  438110