| We all know BUSD and USDT are stable coins. BUSD is issued by Paxos, while USDT is issued by Tether. However, what is the differences between these two stable coins… The main difference between BUSD and USDT is that BUSD is backed 1:1 with the US dollar held in reserve by Paxos, while USDT is only backed at around 74% according to Tether’s transparency report. But USDT’s biggest advantage is its much larger ecosystem. You can use USDT for trading on most major cryptocurrency exchanges, and it’s also accepted by a growing number of merchants. What’s exciting though is the trades between these two coins. So far, there has been $4.6 billion worth of USDT traded for BUSD, and $3.1 billion worth of BUSD traded for USDT. So as liquidity providers, we can earn 19.64% in trading fees. Not too bad… Take a look below. |
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| You can take advantage of this and many other opportunities in the wonderful world of Defi. So watch the video below. >> Watch this video to learn more about stable coin farming |
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