Binance USD (BUSDBNB) Price
$1.009 0.06%
Latest Updates
Updated at 03:05Market cap
$55,521,656.62
Market rank
#553
Volume 24H
$1,963,000.65 19.68%
Price change 24h
-$0.00059 0.06%
Price change 7d
-$0.00394 0.39%
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+$0.00004 39.94%
+$0.03535 29.98%
+$0.11827 24.71%
+$0.00003 20.43%
+$0.00129 19.28%
+$3.1229 19.27%
+$0.01065 18.68%
+$0.04487 17.74%
+$0.00449 16.39%
+$0.05212 16.34%
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