Binance USD

busd Rank #569 ASSET

Explorers:

Market Data

Binance USD Price

Binance USD 24h Change

-0.28%

Binance USD 7d Change

-0.25%

Binance USD Market Cap

$37.66M

Binance USD 24h Volume

$164.26

Binance USD FDV

$37.66M

Binance USD Circulating Supply

37,842,488

Binance USD All-Time High

$2.58

About Binance USD

BUSD is a 1:1 USD-backed stablecoin that was approved by the New York State Department of Financial Services (NYDFS). Originally issued by Paxos in partnership with Binance, it was designed as a digital fiat currency existing primarily as an ERC-20 token on Ethereum and supporting BEP-2. In February 2023, Paxos ceased the minting of new BUSD tokens following regulatory guidance, initiating a multi-year wind-down period. The asset remains redeemable for USD or convertible to Paxos Dollar (USDP) through Paxos. While natively issued on Ethereum, it has been bridged to various networks including BNB Chain and Linea.

asset-backed ethereum-ecosystem fiat-backed-stablecoin governance linea-ecosystem stablecoin usd-stablecoin utility

Ask Stingray anything about Binance USD — press Enter to ask