TechFlow news, on August 17, Alchemy Pay hosted the 2020 Blockchain Ecosystem Cooperation Conference in Shanghai, where Helen Tu, project lead of Binance's BUSD, delivered a keynote speech titled "Entering DeFi? BUSD 2.0". Helen Tu, head of Binance stablecoin BUSD, introduced the current main use cases of stablecoins: arbitrage, transfers, trading, and earning interest on deposits. She stated that stablecoins serve as a bridge between fiat and digital currencies, with different stablecoins focusing on distinct use cases and markets. Currently, BUSD’s primary strengths and applications lie in trading and payments. Going forward, BUSD will continue to strengthen its presence in exchange-based applications while aggressively expanding into the DeFi market.
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