binance-usd Binance USD (BUSD)

-0.10% (24H)
Market CapVolumeAvailable Supply
$12.21 B$3.38 B12.20 B BUSD

Binance USD current price is $1.000 with a marketcap of $12.21 B. Its price is -0.10% down in last 24 hours.

Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS). BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD.
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10 Binance USD (BUSD)

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"Bank of America's investment reflects @PaxosGlobal's growing importance in the crypto industry."

Big news this AM! @BankofAmerica @coinbase Ventures @foundersfund & @FTX_Official have invested in our Series D funding round. We're excited to have industry-leading & innovative players supporting our mission to replatform the global financial system

Bank of America, FTX, Founders Fund and Coinbase Ventures participated in @PaxosGlobal's $300 million funding round announced in April.

@JPRubin23 reports

"Before they were afraid to be first, now they’re afraid to be left behind," says Paxos’ CEO Charles Cascarilla on the @tearsheetco podcast on the trends of established companies adopting crypto product offerings. Hear the podcast here

Charles Cascarilla, co-founder & CEO of @PaxosGlobal on stablecoins & #tether:

"when you look at a stablecoin, you have to understand: what are the reserves in? are they safe? are they held in cash equivalents or not? you can have credit risk or interest risk"

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