Post
Topic
Board Altcoin Discussion
Re: BUSD Vs. USDT
by
jostorres
on 05/03/2021, 19:10:03 UTC
Is BUSD no much different from USDT?
In terms of pricing, no there isn't much difference because they both remain as close as possible to 1 USD in price while in terms of who operates and owns them, there is a difference as big as day and night. BUSD is being controlled by Paxos Trust Company in partnership with Binance while USDT is being controlled and managed by Tether Limited.

Which do you prefer?
Being a trader at Binance, I actually recently started to prefer BUSD over USDT because it doesn't make sense not to trust a coin that is being issued by the exchange Binance itself.

I don't have any problems with USDT either and at times I do buy it, it's just random because the value is the same but if I am consciously selling any coin for dollars, it's mostly BUSD.