USD-Margined Future Contracts
B USD is a regulated, fiat-backed s. stablecoin pegged to the U.S. dollar. For every unit of BUSD, there is one U.S. dollar held in reserve. In other words, the supply of BUSD is pegged to the U.S. dollar at a 1:1 ratio. Holders can swap their tokens for fiat and vice versa. Paxos, the project’s owner, releases monthly audits of BUSD’s reserve What is BUSD? One of the newer futures contracts available on Binance is BUSD margin futures. BUSD is a US D-backed stablecoin, which pegs each BUSD at USD 1. As a result, BUSD offers faster ways to finance your operations and is acceptable as a medium of exchange, store of value, and payment method throughout. For newcomers, it’s not always obvious why traders and investors hold BUSD. The role of BUSD and other stablecoins is, however, an essential part of the crypto ecosystem. But how exactly do BUSD-margined contracts work? BUSD-margined contracts are a type of linear futures product quoted, collateralize...