What problem does this service solve?

Binance USD allows traders to convert US Dollars to a digital version without trading fees.Steem Dollars are a stablecoin that are designed to be used as a less volatile medium of exchange on the Steem platform.

Token Stats

Company Description

Binance USD stablecoin is backed by US Dollars, and is issued in partnership by Binance and Paxos. The coin is approved by the New York State Department of Financial Services (NYDFS), and allows traders to convert US Dollars to a digital version without trading fees.

Steem Dollars, or Steem Based Dollars, are stablecoins released by the Steem platform and pegged to the USD. Steem Dollars (SBD) are one of the three currencies that help power the Steem social media platform. SBD holders are entitled to receive one dollars worth of STEEM when it is redeemed.

Ratings

(0)

(0)