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Binance USD

Binance USD

$1.00

0.0%(24h)
  • Today

    0.0%

  • 30 Days

    0.0%

  • Price Change (24h)

    $0.000200

Trend Overview

Period:
View on TradingView

Price of Binance USD Today

The live price of Binance USD is $1.00 per BUSD/USD, +0.02% in the last 24 hours. It has a market cap of $34.43M and $3.86M in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. BUSD has a circulating supply of 34.42M.

Current price

$1.00

24h high

$1.00

24h low

$0.9995

24h

+0.02%

7d

+0.02%

30d change

+0.00%

BUSD Market Stats

Rank

#2331

By market cap

Market Cap

$34.43M

24h Volume

$3.86M

Across 1 exchanges

FDV

$34.42M

If all tokens were issued

Circulating Supply

34.42M BUSD

Total Supply

34.42M BUSD

Max Supply

—

No fixed cap

Listed on

1 exchanges

Where to buy Binance USD

Binance USD is available on 1 exchanges. Prices shown are live.

ExchangePairVolumeTrade
BinanceBUSDDAI$3.86MBuy BUSD on Binance

We may earn a commission when you sign up through these links. This never affects the prices shown.

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People also ask about Binance USD

What is BUSD?

Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance (in partnership with Paxos), Approved and regulated by the New York State Department of Financial Services (NYDFS), The BUSD Monthly Audit Report can be viewed from the official website. Launched on 5 Sep 2019, BUSD aims to meld the stability of the dollar with blockchain technology. It is a digital fiat currency, issued as ERC-20 and supports BEP-2.

How can you buy BUSD?

You can buy BUSD on exchanges; Coinasity lists the ones that trade it. You can purchase and redeem BUSD from Paxos: (https://www.paxos.com/busd/) BUSD is 100% backed by reserves held in either or both (i) fiat cash in dedicated omnibus accounts at insured U.S. banks and/or (ii) U.S. Treasury bills (including through repurchase agreements and/or money-market funds invested in U.S. Treasury bills). BUSD is approved by the New York State Department of Financial Services (NYDFS). BUSD is issued by Paxos Trust Company, LLC (Paxos) in partnership with Binance and can be issued and redeemed without any extra fee. Paxos issues BUSD on the Ethereum blockchain. In addition, Binance offers a wrapped BUSD token (Binance-Peg) on BNB Chain. Please note: Binance-Peg BUSD is a Binance product; it is not issued by Paxos nor regulated by the New York State Department of Financial Services.

What is Binance USD?

Binance USD (BUSD) is a stablecoin designed to maintain a 1:1 value with the U.S. dollar. It was introduced in September 2019 through a collaboration between Binance and Paxos, and it operates under the regulatory oversight of the New York State Department of Financial Services. The token is available on both the Ethereum blockchain as an ERC-20 asset and on the BNB Chain via a wrapped version offered by Binance. Monthly audit reports for the token are accessible through its official channels.

The stablecoin is fully collateralized by reserves held in U.S. bank accounts or U.S. Treasury bills, or a combination of both. These reserves are managed in dedicated accounts at insured banks or through money-market instruments. Issuance and redemption of BUSD are handled by Paxos Trust Company without additional fees. Users can acquire BUSD through various exchange platforms or directly via Paxos. It is important to note that the Binance-Peg version on BNB Chain is a separate product created by Binance and does not carry the same regulatory approval or issuance framework as the original Paxos-issued token.

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