by Paxos
Quick Fact
BUSD is a stablecoin fully backed by U.S. dollars, providing a reliable and regulated way to access the world of cryptocurrencies.
Binance USD (BUSD) is a 1:1 USD-backed stablecoin issued by Binance in partnership with Paxos, ensuring each BUSD token is fully collateralized by U.S. dollars held in reserve. Designed to combine the benefits of stable value and blockchain technology, BUSD enables seamless transactions, trading, and payments within the cryptocurrency space. It offers a regulated, reliable way to hold digital assets while maintaining the same value as traditional fiat currency.
BUSD’s value is pegged to the U.S. dollar, ensuring minimal price fluctuations. Paxos, a regulated financial institution, regularly publishes attestations confirming the reserves, providing transparency and trust to users.
BUSD can be easily used for trading on exchanges, making payments, or transferring value on-chain. Its stable value makes it a practical choice for those looking to avoid volatility in their digital transactions.
As a regulated stablecoin, BUSD complies with strict regulatory standards, ensuring that the asset remains trustworthy and secure. This makes it a preferred stablecoin for individuals and institutions alike.
BUSD is supported across many major exchanges and decentralized finance (DeFi) platforms, providing liquidity and enabling its use in trading pairs, lending, and borrowing.