Binance USD (BUSDBNB) Price
$1.015 0.75%
Latest Updates
Updated at 08:49Market cap
$55,849,992
Market rank
#530
Volume 24H
$11,603,328.56 55.17%
Price change 24h
+$0.00757 0.75%
Price change 7d
-$0.00138 0.14%
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.
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Trending
24h top price changes+$11.457 192.26%
+$0.05364 39.01%
+$0.02477 36.09%
+$0.2778 23.78%
+$0.00029 20.68%
+$2.237 19.90%
+$0.00913 19.10%
+$0.00236 18.86%
+$0.00028 18.63%
+$0.18151 18.38%
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