USD Coin vs. Binance USD
Compare key details of USD Coin and Binance USD side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
USD Coin | Binance USD | |
---|---|---|
Symbol | USDC | BUSD |
Type | Fiat-backed | Fiat-backed |
Collateralization Method | Cash & Short-term Treasuries | Cash & Treasury Reserves |
Pegged To | USD | USD |
Issuer | Circle | Paxos/Binance |
Blockchain Support | Ethereum, Solana, Algorand, Avalanche | Ethereum, BNB Chain |
Market Cap Rank | 2 | 4 |
Reserve Transparency | High (Monthly Audits) | High (Monthly Audits) |
Stability History | Highly Stable | Generally Stable |
Primary Use Cases | Payments, DeFi, savings | Trading, DeFi, Binance ecosystem |
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