Tether VS Binance Coin USD Comparison

Understanding the Tether

Tether (USDT) is one of the stablecoins in market. It was designed to hold a exact value with the US dollar. The coin exists on many different blockchains.
USDT is very useful for trading cryptocurrencies as it allows traders to avoid market volatility which is common to BTC and other crypto assets.

Understanding the Binance Coin

Binance Coin is the cryptocurrency issued by Binance exchange and trades with the BNB symbol. Binance coin initially ran on the Ethereum blockchain with ERC 20 standard but has since become the native coin of the Binance chain.

Binance coin has a strict maximum of 200 million BNB tokens.
As of June 2021, Binance Exchange is the largest cryptocurrency exchange in the world, supporting more than 1.4 million transactions per second.

Tether Live Price Chart

  • tether
  • Tether
    (USDT)
  • Price
    $1.000
  • Market Cap
    $65.86 B

Binance Coin Live Price Chart

  • binancecoin
  • Binance Coin
    (BNB)
  • Price
    $489.27
  • Market Cap
    $75.64 B