#BigTechStablecoin
Thinking of parking some money in stablecoins on Binance? Here's what I found:
✅ USDC – Super solid. It's backed 1:1 with cash and US treasuries, issued by a regulated US company (Circle), and audited regularly. It’s one of the safest stablecoins out there. I’d trust this one for holding funds on Binance without losing sleep.
⚠️ FUSDC – Not the same thing. It’s usually a bridged version of USDC on another chain like Fantom. That means it’s not directly backed by Circle and depends on third-party bridges. Those can be risky (hello, bridge hacks 👀). So yeah, better for short-term use or DeFi stuff, but I wouldn’t stash serious money in it long-term.
🔒 TL;DR:
USDC = good for holding.
FUSDC = only if you know what you’re doing.