#StablecoinPayments

On Binance, the most commonly used stablecoins are:

1. USDT (Tether) – The most popular stablecoin, pegged to the US dollar.

2. USDC (USD Coin) – Issued by Circle, also pegged to the US dollar, known for its transparency.

3. BUSD (Binance USD) – Former official stablecoin of Binance, but it is being phased out. Binance has stopped its gradual support of BUSD since 2023.

4. DAI – Decentralized stablecoin issued by MakerDAO.

You can use these stablecoins for trading, storing value, or participating in DeFi activities.

The yield on stablecoins on Binance depends on the investment option you choose. Here’s a general overview of the possibilities in May 2025:

1. Earn Flexible Savings

USDT: ~1 to 4% APY

USDC: ~1 to 3% APY

DAI: ~1 to 2% APY

BUSD: Often more available, as Binance withdraws support

2. Earn Locked Savings / Staking

Higher yields if you lock funds for 30, 60, or 90 days.

USDT / USDC: up to ~5-7% APY depending on the duration and special offers.

3. Launchpool / specific products

Occasionally, Binance offers boosted yields if you hold stablecoins in certain pools.