Binance USD

Binance USD

Low: $0.99
High: $1.00
Market Cap
24h Volume / Market Cap
Fully Diluted Market Cap
$ 7,556,284,044
Circulating Supply
7,557,187,518 BUSD
Max Supply
Total Supply

Binance Stablecoin BUSD Sees a Sharp Market Cap Drop Amid Solvency and Mismanagement Worries

Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.

Existing Tokens Remain Fully-Backed and Redeemable Through Paxos Trust Company Through at Least February 2024

Paxos, the leading regulated blockchain and tokenization infrastructure platform, announced it will end its relationship with Binance for the branded stablecoin BUSD.

Crypto Evening Briefing: Paxos To Stop Issuing Dollar-Pegged Binance Token; CZ Highlighted BUSD “Funds Are SAFU”

BUSD turned volatile in the wake of regulatory action against its issuer Paxos Trust Co. The decline in BUSD/USDT pair on Binance suggests some traders are moving money into tether.

Funds Are SAFU and Binance Will Continue To Support BUSD, CZ Says

CZ highlighted on twitter that BUSD is issued and redeemed by Paxos and funds are SAFU!

144,469,760 BUSD (144,253,055 USD) Burned at Paxos Treasury

February 13, according to Whale Alert, 144,469,760 #BUSD (144,253,055 USD) burned at Paxos Treasury.

How to Use an API Key Securely: 5 Tips From Binance

API keys enable users to access their data conveniently. From RSA key pairs to API key whitelists, learn five tips from Binance to keep your API keys safe.

Crypto Evening Briefing: Court Approves Sale of Certain FTX Investments, Tokens and Equity Shares; Interactive Brokers To Offer Crypto Trading in Hong Kong

UK FCA is coming for unregistered cryptocurrency automated teller machines (ATMs). Magic Eden is undergoing restructuring process, lays off 22 employees.

Coinbase Delists Binance’s BUSD As Its Market Cap Shrinks by $6 Billion in Just 2 Weeks

Coinbase, has announced that it will suspend trading of Binance USD (BUSD) on March 13, 2023. The suspension will apply to, Coinbase Pro, Coinbase Exchange, and Coinbase Prime.

Stablecoins Statistics: 2023 Report

Stablecoins Statistics: Everything you need to know from types of stablecoins, total market cap to transaction volumes, regulations and emerging models.

Binance Will Convert the Remaining of the $1 Billion Industry Recovery Initiative Funds From BUSD to Native Crypto

Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including BTC, BNB and ETH.

Paxos Manages the Safe Redemption of $7.9B BUSD in One Month Without Market Disruption

All BUSD remains fully-backed 1:1 with USD cash & cash equivalents held in custody with the company’s NYDFS Trust, and Paxos will continue to support BUSD in circulation for at least one year.

Paxos Completes $7.9B Redemption of Binance USD (BUSD) in 32 Days

Paxos will continue to support BUSD in circulation for at least one year.

Binance Swaps BUSD in SAFU for TUSD and USDT Amid Termination of Minting from Paxos

This swap is to ensure that assets in SAFU continue to protect users in the long term as the BUSD market capitalization continues to decrease over time.