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What are USD stablecoins?

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These are cryptoassets whose value is pegged to the US dollar in a proportion of 1 to 1. If you’d like to know more about USD stablecoins, have a look at the following article: How do stablecoins work at Bitso?

When holding USD stablecoins at Bitso, your funds will be composed of the USD basket, a combination of USD Coin (USDC), Pax Dollar (USDP) and Binance USD (BUSD). These three are cryptoassets with proof of reserve in cash or dollar related assets, which brings more stability and security to the stablecoins under our custody.


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