The current price of BUSD is $1.00 in USD. As of now, a total of 68.2M BUSD are in circulation across the market. BUSD has experienced a price change of -0.23% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, BUSD trading volume on crypto exchanges has reached $8.1M.
Description
BUSD is a stablecoin issued by Paxos and supported by Binance. It is backed by U.S. dollar reserves held in insured U.S. banks, Treasury bills, and money market funds, and is regulated by the New York State Department of Financial Services. BUSD is issued on the Ethereum blockchain as an ERC-20 token and on the BNB Chain as a BEP-20 token, and can be used for hedging against volatility, stable price-pegging, remittances, crowdfunding, payments, lending, borrowing, and other financial services. Its value remains stable through fiat currency reserves, and traders can use arbitrage to bring it back to its peg if its price moves away from $1.
BUSD Markets
# | Exchange | Pair |
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BUSDUSDT |