Binance USD Price (BUSD)

$1.00
0.03%

0.00005946 BTC0.93%

0.0008115 ETH1.44%

Low:$0.9992
High:$1.00
24h
BUSD  Binance USD BUSD
Price:
$1.00
 0.03%
Market Cap
$22,057,427,956
0.23%
24h Volume / Market Cap
0.2709
Fully Diluted Market Cap
$22,057,427,956
0.03%
Volume
24h
$5,976,373,352
11.95%
CEX Vol
$5,921,610,518
DEX Vol
$54,762,833.3
Circulating Supply
22.06B BUSD
Max Supply
--
Total Supply
22,056,131,822

Binance USD to USD Chart

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BUSD to USD Converter

BUSD

Binance USD

USD

United States Dollar

BUSD Price Statistics

Binance USD Price Today
Binance USD Price$1.00
Price Change24h-$0.0003026
0.03%
24h Low / 24h High
$0.9992 /
$1.00
Trading Volume24h$5,976,373,351.81
11.95%
Volume / Market Cap0.2709
Market Dominance2.63%
Market Rank#6
Binance USD Market Cap
Market Cap$22,057,427,955.98
0.23%
Fully Diluted Market Cap$22,057,427,955.98
0.03%
Binance USD Price Yesterday
Yesterday's Low / High
$0.9994 /
$1.00
Yesterday's Open / Close
$1.00 /
$1.00
Yesterday's ChangeNo Data
Yesterday's Volume$5,581,936,298.16
Binance USD Price History
7d Low / 7d High
$0.9992 /
$1.00
30d Low / 30d High
$0.9963 /
$1.02
90d Low / 90d High
$0.9963 /
$1.02
52 Week Low / 52 Week High
$0.9958 /
$1.02
All Time High
Mar 12, 2020 (3 years ago)
$1.11
9.62%
All Time Low
Mar 13, 2020 (3 years ago)
$0.8861
12.86%
Binance USD ROI

0.56%

Binance USD Supply
Circulating Supply22,056,131,822 BUSD
Total Supply22,056,131,822 BUSD
Max SupplyNo Data

BUSD to USD Converter

BUSD

Binance USD

USD

United States Dollar

BUSD Price Live Data

The live Binance USD price today is $1.00 USD with a 24-hour trading volume of $5,976,373,352 USD. We update our BUSD to USD price in real-time. Binance USD is down 0.03% in the last 24 hours. The current CoinMarketCap ranking is #6, with a live market cap of $22,057,427,956 USD. It has a circulating supply of 22,056,131,822 BUSD coins and the max. supply is not available.

If you would like to know where to buy Binance USD at the current rate, the top cryptocurrency exchanges for trading in Binance USD stock are currently Binance, BTCEX, Bitrue, MEXC, and BingX. You can find others listed on our crypto exchanges page.

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.

BUSD Use Case

Based on the price stability, Stablecoin plays an important role in transactions, payments and settlement, and Decentralised Finance (DeFi).

Here are some of the BUSD use cases:

  • Transfer your digital dollars (BUSD) anywhere in minutes, with low cost and on the blockchain.
  • Trade BUSD on different exchanges and DEX.
  • Deposit BUSD to earn an interest rate.
  • Pay BUSD as payment for goods and services.
  • Use BUSD as collateral and loan asset.
  • Use BUSD as cross collateral in Futures.
  • Store BUSD on an exchange or in a wallet.

BUSD Ecosystem

The BUSD ecosystem has grown exponentially in 2021. The stablecoin grew from a market capitalization of around US$1B at the start of 2021, to over US$14.6B at the end of 2021. This makes it the third largest stablecoin by market cap, behind Tether and USDC. This growth is largely due to more user adoption as wallets, platforms and services, DEXes and CEXes support BUSD.

Top wallets like Metamask, Trust Wallet, Trezor, Zapper and many more allow users to hold BUSD now. Platforms and services, like travel booking site Travala, payments gateways like Moonpay and Banxa, payment APIs like Wyre and multi-currency payment services like ivendPay and Paylot are now supporting BUSD too. While PancakeSwap is the top DEX in the BSC ecosystem, numerous other top DEXes also support BUSD, including: Uniswap, 1inch, Curve Finance, Ellipsis, MDEX, SushiSwap, 0x and many more. Users of centralized exchanges (CEXes) can use BUSD outside of Binance and Binance.US too, with top exchanges like FTX, Gate.io, WazirX, MEXC and more.

For users interested in yield farming and lending BUSD, it is available on centralized platforms like Binance, Blockfi and Celsius, among others. Top DeFi protocols like Venus, Aave, yearn.finance and more also allow users to earn yield on their BUSD. A complete overview of the BUSD ecosystem can be found here.

Paxos Reveals Assets Backing BUSD

In light of the TerraUSD saga, a number of stablecoin issuers have moved to disclose the assets backing their coins. As of June 30, 2022, 96% of the assets backing the Binance USD were held in cash and cash equivalents, while 4% were invested in U.S. Treasury bills, Paxos revealed.

All of the company’s cash balances are held in U.S.-insured depository institutions, while the cash equivalents are held in “U.S. Treasury bills with maturities of 3 months or less, or overnight repurchase agreements, overcollateralized by U.S. Treasury instruments.”

BUSD and Charity

In April 2022, Binance donated $2.5 million in BUSD through its charity organization to USA for UNHCR, a UN refugee agency. This was the agency’s first stablecoin crypto donation. The move demonstrated how cryptocurrency can play a key role in raising funds and supporting humanitarian aid.

How can you buy BUSD?

You can buy BUSD from exchanges, for the latest list of exchanges and trading pairs for this cryptocurrency, click on our market pairs tab (https://coinmarketcap.com/currencies/binance-usd/markets). 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.

BUSD to USD Converter

BUSD

Binance USD

USD

United States Dollar

BUSD Price Statistics

Binance USD Price Today
Binance USD Price$1.00
Price Change24h-$0.0003026
0.03%
24h Low / 24h High
$0.9992 /
$1.00
Trading Volume24h$5,976,373,351.81
11.95%
Volume / Market Cap0.2709
Market Dominance2.63%
Market Rank#6
Binance USD Market Cap
Market Cap$22,057,427,955.98
0.23%
Fully Diluted Market Cap$22,057,427,955.98
0.03%
Binance USD Price Yesterday
Yesterday's Low / High
$0.9994 /
$1.00
Yesterday's Open / Close
$1.00 /
$1.00
Yesterday's ChangeNo Data
Yesterday's Volume$5,581,936,298.16
Binance USD Price History
7d Low / 7d High
$0.9992 /
$1.00
30d Low / 30d High
$0.9963 /
$1.02
90d Low / 90d High
$0.9963 /
$1.02
52 Week Low / 52 Week High
$0.9958 /
$1.02
All Time High
Mar 12, 2020 (3 years ago)
$1.11
9.62%
All Time Low
Mar 13, 2020 (3 years ago)
$0.8861
12.86%
Binance USD ROI

0.56%

Binance USD Supply
Circulating Supply22,056,131,822 BUSD
Total Supply22,056,131,822 BUSD
Max SupplyNo Data