All About BUSD

BUSD is a 1:1 USD-backed stablecoin approved by the New York State Department of Financial Services (NYDFS).

BUSD is a 1:1 USD-backed stablecoin approved by the New York State Department of Financial Services (NYDFS). It is issued in partnership with Paxos and can be issued and redeemed without any extra fee.

  • BUSD runs on both, Ethereum, as an ERC-20 token, and on Binance Chain as a BEP-2 token.
  • BUSD is incorporated in multiple exchanges such as Binance.com (with trading discounts), Binance US, and other centralized exchanges.
  • It is also tradable on popular non-custodial trading platforms, such as Binance DEX, Curve Finance, and Uniswap.

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BUSD/USD
BUSD/USDT

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This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; and (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice, we make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.

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