BUSD vs USDT

[Charles-Tim]

I have seen it on the Binance and BUSD applications, it turns out that the original Binance coin will be replaced by FDUSD.

If BUSD is removed and replaced by FDUSD it might be the same and there will only be differences in the name and owner or founder of the coin.

No. There were trading fee discounts for people using BUSD to trade at that time, especially using BUSD margin trading in the perpetual contract trading. There is also nothing like FDUSD perpetual trading. Finance has started to lists some USDC margin perpetual trading pairs. USDC is now used more on Binance than FDUSD for what BUSD was used for, aside the trading fee discounts.Although,   FDUSD spot trading pairs has no fee required on Binance.

[bitterguy28]

In yesterday's article, we compared #Stablecoin
BUSD vs USDT 🌞

Recently, a large number of people are interested in the differences between stablecoins, we make this process easier for you 🤗

More information👇🏻
https://coincasso.com/uncategorized/busd-vs-usdt

I am not a fan of clicking links from not so trusted account so I will answer based on the title here.

and it looks like you are just promoting that site for whatever reason you have here.

USDT will be my always choice as I have trusted this currency for how many years now , this is the currency I used in conversion from crypto to  our local currency.

and also I am confident with security of this stable coin than other specially BUSD .

[jonathancool220]

USDC is now used more on Binance than FDUSD for what BUSD was used for, aside the trading fee discounts.
Although,FDUSD spot trading pairs has no fee required on Binance.

With evidence like what you are talking about, it means that FDUSD and USDC are not better than BUSD, right?
FDUSD doesn't look good because when trading Spot it charges a fee but BUSD is free when trading Spot, this is what I learned from the reply to your thread.
Apart from what you mentioned, can you make good profits from FDUSD when trading on Binance?

[Brewmaster]

BUSD (Binance USD) and USDT (Tether) are both stablecoins pegged to the value of the US dollar. The legitimacy of each depends on factors such as your use case, platform preference, and trust in the issuing entities. BUSD is issued by Binance, while USDT is issued by Tether.

To assess legitimacy, consider factors like transparency, regulatory compliance, and market acceptance. Both BUSD and USDT are commonly used in the cryptocurrency space, but it's essential to stay informed about any updates or developments related to these stablecoins.

[YoshiGang777]

i prefer USDT

[Charles-Tim]

With evidence like what you are talking about, it means that FDUSD and USDC are not better than BUSD, right?
FDUSD doesn't look good because when trading Spot it charges a fee but BUSD is free when trading Spot, this is what I learned from the reply to your thread.
Apart from what you mentioned, can you make good profits from FDUSD when trading on Binance?

I meant that FDUSD trading pair on Binance has zero trading fee for spot trading.

No need to talk about which one is better when BUSD is not even existing anymore.

FDUSD is a stable coin and can be paired to unstable coins which can be used for profit making. But hold FDUSD just means that you are holding USD, unless you use it for trading is when you either make money or lose money.

BUSD (Binance USD) and USDT (Tether) are both stablecoins pegged to the value of the US dollar. The legitimacy of each depends on factors such as your use case, platform preference, and trust in the issuing entities. BUSD is issued by Binance, while USDT is issued by Tether.

To assess legitimacy, consider factors like transparency, regulatory compliance, and market acceptance. Both BUSD and USDT are commonly used in the cryptocurrency space, but it's essential to stay informed about any updates or developments related to these stablecoins.

BUSD is no more existing. Also know that when it is existing, most exchanges do not list it. It was only common on Binance. USDT and USDC are the ones that are common on exchanges. TUSD is third most common.

[kulkhan]

In yesterday's article, we compared #Stablecoin
BUSD vs USDT 🌞

Recently, a large number of people are interested in the differences between stablecoins, we make this process easier for you 🤗

More information👇🏻
https://coincasso.com/uncategorized/busd-vs-usdt

Usdt and Busd Both are good stable coin. But my choose is Busd i comfortable to uae BUSD. It’s transection fee is very low and very first. And recently we saw some rumar about USDT. So huge people avoiding Usdt. I think all thinking BUSD is better then Usdt.
We know BUSD is also caolles as Binance Usd. And this stable coin is more popular for mainly in Binance. So i think Busd is best.

[Google+]

In yesterday's article, we compared #Stablecoin
BUSD vs USDT 🌞

Recently, a large number of people are interested in the differences between stablecoins, we make this process easier for you 🤗

More information👇🏻
https://coincasso.com/uncategorized/busd-vs-usdt

Usdt and Busd Both are good stable coin. But my choose is Busd i comfortable to uae BUSD. It’s transection fee is very low and very first. And recently we saw some rumar about USDT. So huge people avoiding Usdt. I think all thinking BUSD is better then Usdt.
We know BUSD is also caolles as Binance Usd. And this stable coin is more popular for mainly in Binance. So i think Busd is best.

As far as I know, BUSD and USDT have different ownership from a financial company, BUSD was created by Paxos which is a company supervised by the Department of Finance in New York, while USDT was created by Tether Limited which is a financial company in Hong Kong , from this it is clear that the countries that contributed are big countries.

The amount of circulating supply is also very different, BUSD has a very limited circulating supply of only 85 million pieces, while USDT has a maximum supply of 70.43 billion.

So for me USDT has a higher risk and can bring down Bitcoin's price instantly.

[Alston Liu]

Some people say USDT is a fraud though. Gotta be careful

[NikeFit_7777]

USDT issuer Tether has announced a reorganization of the company as it moves beyond stablecoins.

The four new divisions will focus on data, finance, energy and education, reflecting investments in technology, financial infrastructure, bitcoin mining and digital education respectively.

P.S. Who has any thoughts on this? I think that's positive news. 

[bitmover]

USDT issuer Tether has announced a reorganization of the company as it moves beyond stablecoins.

The four new divisions will focus on data, finance, energy and education, reflecting investments in technology, financial infrastructure, bitcoin mining and digital education respectively.

P.S. Who has any thoughts on this? I think that's positive news. 

They are probably making a lot of money and are now thinking about how to make even more.

I just hope they don't lose money in those projects and usdt loses it peg to usd...

[JISAN]

In yesterday's article, we compared #Stablecoin
BUSD vs USDT 🌞

Recently, a large number of people are interested in the differences between stablecoins, we make this process easier for you 🤗

More information👇🏻
https://coincasso.com/uncategorized/busd-vs-usdt

Usdt and Busd Both are good stable coin. But my choose is Busd i comfortable to uae BUSD. It’s transection fee is very low and very first. And recently we saw some rumar about USDT. So huge people avoiding Usdt. I think all thinking BUSD is better then Usdt.
We know BUSD is also caolles as Binance Usd. And this stable coin is more popular for mainly in Binance. So i think Busd is best.

There are some issue has on BUSD. BUSD has been delist from Binance exchange. it was there own stable coin but they delist that after CZ resignation from Binance. so now USDT and USDC is the king of stable coin. but if you compeer with BUSD and USDT then USDT is best and reliable stable coin in the world of cryptocurrencies.