Binance USD BUSDBNB
$0.99995 0.08%
Latest Updates
Updated at 10:48$70,508,029.29
#516
$14,137,145.99 14.24%
-$0.00078 0.08%
-$0.00079 0.08%
What about Binance USD?
Binance and Paxos have joined forces to create BUSD, a stablecoin that is backed by the US dollar. With each unit of BUSD equal to one US dollar, BUSD's value fluctuates directly with USD. The stablecoin has built a reputation for transparency, providing a monthly audited report of reserves in compliance with regulatory standards to ensure the safety and security of user assets.
BUSD has become a popular option for traders and crypto users, as it enables them to transact with other digital and blockchain-based assets while minimizing the risk of market volatility. Cryptocurrency holders often face the challenge of portfolio value fluctuations; however, using a stablecoin such as BUSD can help mitigate this risk.
As a stablecoin, BUSD has been able to perform exceptionally well in the cryptocurrency space. Since its launch in 2019, BUSD has established itself as a leader in the industry, with one of the largest market capitalizations in the scene. Its stability and reliability have made it a preferred choice for many crypto users seeking a reliable alternative to traditional currencies.
Buy Binance USD Without Any Hassle
Trending
+$0.21842 40.61%
+$0.00636 39.43%
+$0.02258 38.06%
+$0.0025 27.03%
+$0.06472 26.28%
+$0.02329 18.11%
+$0.01137 11.92%
+$0.05285 11.71%
+$0.03257 10.05%
+$0.01587 8.88%
FAQ
What determines the price of Binance USD?
What was the starting price of Binance USD?
What was the highest price of Binance USD?
What was the lowest price of Binance USD?
Related articles about Binance USD
Subscribe to our newsletter to get the latest crypto insights and price updates.