Binance USD is issued on 1 platform(s)
|Source||Price (USD)||Market Cap||Total Supply||Circulating Supply||24h Vol|
|Coin Market Cap||1.000||$1.10B||1.10B||$1.10B||$3.69B|
Binance USD Description
Binance USD (BUSD) is a fiat-collateralized stablecoin that offers the advantages of transacting with blockchain-based assets while mitigating price risk. BUSD are issued as ERC-20 tokens on the Ethereum blockchain and are collateralized 1:1 by USD held in Paxos-owned US bank accounts. BUSD is also the one of three stablecoins approved by Wall Street regulators, alongside GUSD and PAX.