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$USDC runs on the Ethereum blockchain and, through algorithms, attempts to remain pegged to the US dollar. Unlike centralized stablecoins, Dai is not backed by US currency in a bank account. Instead, it is backed by collateral on the MakerDAO platform, a decentralized autonomous organization that also exists on the Ethereum network and allows individuals to lend and borrow with cryptocurrencies. If the Dai credit
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#BigTechStablecoin Airbnb, and X are reportedly in early talks to integrate stablecoins into their payment systems — aiming to cut costs and streamline global payments. The news follows Circle’s blockbuster IPO, with shares soaring another 40%, signaling growing momentum for stablecoins across both finance and tech. 💬 Do you think stablecoins
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#CryptoFees101 Binance Points! Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way
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#CryptoSecurity101 topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #CryptoSecurity101 . Security is paramount in Web3. Knowing how to store assets safely, protect private keys, and navigate wallets is essential for long-term participation in crypto. 💬 Your post can include: · Compare hot and cold wallets. Do you use hot wallets, cold wallets, or a mix of both? Why? · How do you manage and secure your crypto assets? · Share best practices that
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#TradingPairs101 Crypto Trading Fundamentals and Unlock Binance Points! Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way! How To Participate
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