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Understanding Binance Payments Zone in the Crypto Ecosystem
Payment tokens are a type of cryptocurrency designed to make sending and receiving money faster, cheaper, and accessible to everyone, no matter where they are. These tokens serve various payment functions, such as:
Enabling direct transactions between people without needing a bank (peer-to-peer transfers).
Helping users easily convert traditional money (fiat) into cryptocurrency and vice versa (on-ramp/off-ramp solutions).
Acting as a digital alternative to storing value, like a virtual form of money.
The charts below highlight leading Payments crypto tokens, showing their performance and trends.