Binance USD
Price
$0.98 (-2%)
All Time High
$1.24 (-20%)
Market Cap
$67,281,132
Volume (24h)
7,656,614,187
Circulating Supply
68,223,497 BUSD
Binance USD's price today is $0.98 USD, with a 24-hour trading volume of $7,656,614,187 USD. BUSD is down -1.65% in the last 24 hours. Binance USD is currently ranked #579 with a market capitalization of $67,281,132 USD.
Binance USD or BUSD is a stablecoin pegged to the US dollar and is generally traded at a 1:1 rate. According to Binance, every BUSD is backed by an actual dollar that is kept in federal-insured US banks or Treasury Bills.
It is the creation of crypto exchange giant Binance and stablecoin and securities expert Paxos. BUSD is known as one of the most liquid, regulated stablecoins on the market. It aims to provide stability to the crypto market and support the use of blockchain technology.
Binance USD is a secure and reliable stablecoin, with the backing of both Binance and Paxos, which enables trading to be conducted at a 1:1 rate. BUSD aims to provide the stability required for blockchain technology to move forward. What is Binance USD? It's a powerful technology that gives users the stability they need when trading with cryptocurrencies.
On July 1st, 2024 04:01:46 AM, Binance USD hit a historic high of $1.24 USD. It has been about 1 year ago since Binance USD reached its peak.
On September 30th, 2024 09:46:32 AM, Binance USD reached a bottoming price of $0.7854320000 USD. About 9 months ago has passed Binance USD has seen such a low price.
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