common-close-0
BYDFi
Trade wherever you are!

What is the current value of USDC and BUSD in September?

avatardbraven26Dec 29, 2021 · 3 years ago3 answers

Can you tell me the current value of USDC and BUSD in September? I'm curious to know how these two stablecoins are performing in the market.

What is the current value of USDC and BUSD in September?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! As of September, the current value of USDC (USD Coin) is 1 USDC = 1 USD. It is designed to maintain a 1:1 ratio with the US dollar, providing stability and reliability in the volatile cryptocurrency market. BUSD (Binance USD) also maintains a 1:1 ratio with the US dollar, so its current value is also 1 BUSD = 1 USD. Both USDC and BUSD are widely used in the cryptocurrency industry for trading, investing, and as a store of value.
  • avatarDec 29, 2021 · 3 years ago
    Well, in September, the value of USDC and BUSD is pretty straightforward. Both stablecoins are pegged to the US dollar, so their value remains constant at 1 USDC = 1 USD and 1 BUSD = 1 USD. This stability makes them popular choices for traders and investors who want to minimize their exposure to the volatility of other cryptocurrencies.
  • avatarDec 29, 2021 · 3 years ago
    According to my sources, the current value of USDC and BUSD in September is 1 USDC = 1 USD and 1 BUSD = 1 USD. These stablecoins are backed by reserves of US dollars, which ensures their value remains stable. USDC and BUSD are widely used in the cryptocurrency market for various purposes such as trading, lending, and remittances. Their value is not subject to the fluctuations seen in other cryptocurrencies, making them a reliable option for users.