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busd

BUSD Price

(BUSD)
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BUSD Price Today
The live price of BUSD is -- per (BUSD/), -- today. The 24-hour trading volume is -- , with a current market cap of -- and a circulating supply of -- . Data is updated in real time.
BUSD Price Performance in USDHistory
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BUSD Market Information

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What is BUSD?

BUSD Cryptocurrency Introduction

BUSD (Binance USD) is a type of cryptocurrency, belonging to the stablecoin category. It is issued and custodied by Paxos Trust Company, regulated by the New York State Department of Financial Services.

Main Features:

  1. USD Backed: BUSD's value is backed by USD reserves, ensuring its stability.
  2. Regulated: Regulated by the New York State Department of Financial Services, enhancing its security and credibility.
  3. Stability: As a USD stablecoin, BUSD has low volatility, suitable for hedging assets and payment purposes.
  4. Use Cases: BUSD can be used for cryptocurrency trading, as a unit of account, and for storing value.

Security Considerations:

  1. Reserves: BUSD's reserves are managed by Paxos Trust Company, ensuring its stability and credibility.
  2. Transparency: Paxos Trust Company provides clear information on reserves, collateral ratios, and policies, enhancing investors' confidence.
  3. Regulatory Compliance: BUSD complies with financial regulations, such as Anti-Money Laundering (AML) and Know Your Customer (KYC), making it considered a safer stablecoin.
For details, please read: What is BUSD?
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Key Stats
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