Which stablecoins are the most popular among cryptocurrency traders?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure! The most popular stablecoins among cryptocurrency traders are Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). These stablecoins are widely used for trading and provide stability to traders by maintaining a 1:1 peg with the US dollar. They are supported by various exchanges and have high liquidity, making them the go-to choice for many traders.
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• Dec 18, 2021 · 3 years ago
  Well, if you ask me, Tether (USDT) is definitely the king of stablecoins. It has the highest trading volume and is widely accepted across most exchanges. USD Coin (USDC) is also gaining popularity due to its transparency and regulatory compliance. Binance USD (BUSD), as the stablecoin issued by Binance, has gained a lot of traction among Binance users. So, these three stablecoins are definitely the top choices among cryptocurrency traders.
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• Dec 18, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) are the most popular stablecoins among cryptocurrency traders. These stablecoins offer stability and are widely used for trading purposes. Traders prefer them because they provide a hedge against market volatility and allow for easy conversion to other cryptocurrencies. Additionally, they have strong liquidity and are supported by major exchanges, making them highly accessible for traders.
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