BYDFi
Trade wherever you are!
Buy Crypto
New
Markets
Trade
Derivatives
common-fire-img
BOT
Events

What are the digital currencies that have a fixed exchange rate with the US dollar?

PshemFromPolskaJan 01, 2025 · 7 months ago3 answers

Can you provide a list of digital currencies that maintain a fixed exchange rate with the US dollar?

3 answers

  • Tade StrehkAug 19, 2021 · 4 years ago
    Sure! Some of the digital currencies that have a fixed exchange rate with the US dollar include Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). These stablecoins are designed to maintain a 1:1 ratio with the US dollar, providing stability and reducing volatility in the cryptocurrency market.
  • Khoa KhoaOct 08, 2023 · 2 years ago
    Absolutely! Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) are among the popular digital currencies that peg their value to the US dollar. By maintaining a fixed exchange rate, these stablecoins offer a reliable and convenient way for users to store and transfer value without being exposed to the volatility of other cryptocurrencies.
  • Star ExpertApr 25, 2022 · 3 years ago
    Certainly! Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) are three digital currencies that have a fixed exchange rate with the US dollar. These stablecoins are widely used in the crypto industry for various purposes, such as facilitating trading, providing liquidity, and enabling cross-border transactions. They offer a stable alternative to traditional cryptocurrencies and can be easily exchanged for US dollars on many cryptocurrency exchanges, including BYDFi.

Top Picks