| Full Currency Name | /BUSD |
| Currency Code | BUSD |
| Coin Intro |
"BUSD is a cryptocurrency, fully known in English as Binance USD, with a total supply of 8,011,285 BUSD.
BUSD is a US dollar-backed stable asset issued and custodied by Paxos Trust Company, regulated by the New York State Department of Financial Services. BUSD is sold directly on Paxos.com at a 1:1 ratio and is listed for trading on Binance.
Use cases for BUSD: 1. Direct purchase/sale: BUSD tokens can be bought 1:1 with US dollars or PAX on Paxos.com; 2. Trading: Use BUSD tokens to trade cryptocurrencies on Binance; 3. Storage: Hold BUSD tokens as a stable store of value to hedge against the volatility of crypto assets; 4. Transfer: Use BUSD tokens for payments, loans, and business transactions on ERC-20 supported platforms.
Advantages of BUSD: 1. Issued in collaboration with Binance: BUSD is issued in partnership with the largest exchange and one of the most trusted companies in the crypto space; 2. Regulatory compliance: Both Paxos and BUSD are approved and regulated by the New York State Department of Financial Services, ensuring the absolute safety of user assets; 3. US Dollar collateral: BUSD is 100% backed by US dollars held in FDIC-insured US banks; 4. Auditing: Top-tier auditing firms conduct monthly audits of BUSD to ensure alignment with its underlying US dollar reserves.
BUSD Founding Team & Background:
The board members include: Sheila Bair, Bill Bradley, Robert Herz, Jim Manzi, and Duncan Niederauer.
The current price of BUSD is $0.65853, with a 24-hour trading volume that is currently unavailable. There has been no change in BUSDs value over the past 24 hours. It currently ranks 24th on BeeChat in terms of market capitalization, which is currently unavailable. Its circulating supply is 84.5114 million BUSD, and its total issuance is also 84.5114 million BUSD."
|
| Issue Date | |
| All-Time High | $1.3741943 |
| All-Time Low | $0.65829038 |
| Total Supply | 84511463.89 |
| Circulating Supply | 84511447.7782 |
| Circulating Supply Percentage | 0.9999998093536752 |
| Market Cap | NaN |
| Fully Diluted Market Cap | $7.792219655041642e-9 |
| Mkt Cap (Float) | $ |
| Circulating Market Cap % of Global Total | |
| Listed on Exchanges | 1 |
| Official Link | https://www.paxos.com/busd/ |
| Whitepaper | https://resource.bnbstatic.com/books/20190917/1568715425852.pdf |
| Blockchain Explorer |
"https://etherscan.io/token/0x4Fabb145d64652a948d72533023f6E7A623C7C53",
"https://bscscan.com/token/0xe9e7cea3dedca5984780bafc599bd69add087d56"
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| Telegram | |
| Github | https://github.com/paxosglobal/busd-contract |
| Twitter | https://twitter.com/PaxosGlobal |
| FaceBook | https://www.facebook.com/paxosglobal |
| Reddit | |
