Details about Wrapped BUSD cryptocurrency
€5,290
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https://www.benderlabs.io/
@benderlabs_
Wrapped BUSD price charts
WBUSD exchanges
Wrapped BUSD, the crypto
Wrapped BUSD (WBUSD) is a cryptocurrency that is pegged to the value of the US dollar. It is based on the Binance Smart Chain and is part of the larger family of wrapped tokens, which aim to provide liquidity to the decentralized finance (DeFi) ecosystem.
The point
The main point of Wrapped BUSD (WBUSD) is to provide a way for users to easily exchange and trade BUSD on the Binance Smart Chain. By using WBUSD, users can access a wide range of decentralized applications and services without having to worry about price fluctuations and other risks associated with cryptocurrency volatility.
The problem
Wrapped BUSD (WBUSD) tries to solve the problem of limited liquidity in the DeFi ecosystem. By providing a stablecoin that is pegged to the value of the US dollar, it allows users to easily trade and exchange BUSD without worrying about price volatility. This in turn increases liquidity in the ecosystem and makes it easier for users to access a wide range of DeFi services.
Compare WBUSD and BTC performance
| Timeframe | WBUSD | BTC |
|---|---|---|
| 1h change | 0.0693111 % | -0.113414 % |
| 24h change | -1.95 % | 0.280879 % |
| 7 day change | -2.62 % | -1.26201 % |
| 14 day change | -0.94 % | -9.72239 % |
| 30 day change | 1.35 % | -7.76318 % |
| 200 day change | -3.93 % | 126.331 % |
| Year change | 0.95 % | 132.257 % |