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Stablecoin News

Binance Bets on a Super App Built Around Stablecoins

Binance Bets on a Super App Built Around Stablecoins

Binance wants to become more than a trading platform and is putting stablecoins at the center of payments and transfers. At the same time, the exchange is expanding into tokenized stocks, ETFs, and other financial services.

Stablecoins are cryptocurrencies designed to maintain a stable value.

Stablecoins are usually pegged to a fiat currency such as the U.S. dollar or the euro. They are often used to move value quickly, trade, or temporarily step out of volatility.