The most important part of BUSD’s trustworthy reputation as a stablecoin is its regulatory compliance. BUSD offers a 100% transparent service that verifies, protects, and ensures the reserves that effectively maintain its US dollar peg.
How independently audited fiat reserves and licensing have helped BUSD maintain its peg during recent stablecoin volatility
Where exactly does confidence in a stablecoin come from? By far, the most important component of BUSD’s trustworthy reputation is its regulatory compliance. By adhering to strict guidelines and remaining transparent with the user community, BUSD continues to meet user expectations through the recent climate of de-pegging events. Unlike algorithmic stablecoins, BUSD offers a transparent product that verifies, protects, and ensures the reserves, effectively maintaining its US dollar peg.
How you peg a coin to the US dollar, euro, or other crypto assets varies widely. Over time, we’ve seen some methods prove more popular than others. A few have shown higher degrees of success. As we look towards the future, with recent de-pegging events in mind, one thing seems evident: the importance of regulation in this space will continue to grow in maintaining stablecoin stability.
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