Binance’s BUSD Stablecoin Gets Support From Avalanche and Polygon

Stablecoins are openly fighting to be widely spread in crypto swaps and trades across all the platforms available now. Tether is barely losing to USDC but possibly stronger BUSD seems to replace both if they continue falling below $1 value even by 0.0001%.

Binance is not obviously putting effort into strengthening its stablecoin while having all the resources to beat both USDC and USDT. Perhaps it is waiting for the bear market to end. Meanwhile, Polygon and Avalanche welcome BUSD to their networks today.

Tether founders are still being questioned for commercial papers behind USDT. Coinbase is near bankruptcy and its USDC stablecoin is openly endangered.