#StablecoinPayments Stablecoin Payments in Simple Words – (Binance Square English Post)
Stablecoins are digital currencies whose value is tied to a stable asset, like the US Dollar. For example, 1 USDT or 1 BUSD is usually equal to $1. This makes them less volatile compared to other cryptocurrencies like Bitcoin or Ethereum.
Making payments with stablecoins is easy and fast. Just like sending money through mobile apps like PayPal or CashApp, you can send USDT or other stablecoins to anyone’s Binance wallet. The transaction fees are low, and transfers are usually completed in seconds.
If you're a freelancer or run an online business, stablecoin payments are a great option. Binance Pay makes it even easier—just scan a QR code and send or receive payments instantly.
