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Binance USD (BUSD) price

Binance USD (BUSD) live price in US dollar (USD). View value statistics, market cap and supply.

Binance USD (BUSD)

Binance USD is an asset-backed stablecoin with a 1:1 relation to the U.S. dollar. The coin is issued by Binance in collaboration with Paxos. To ensure the stability of the value Paxos hold a reserve of U.S. dollars equal to the circulating supply of BUSD. The purpose of BUSD is to blend the stability of a fiat currency like the U.S. dollar with the benefits of blockchain technology.