Binance USD
Binance USD (BUSD)
Market capitalization: 22 157 160 901
Rank # 6 | Coin not mineable
1 0.04%
Volume (24h): 5 146 930 794
Circulating Supply: 22 138 137 053 BUSD
Max Supply: 0 BUSD
Binance USD (Overview)

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.

Starting September 12, 2019, BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S. dollars or PAX. Later in September it will become available on for trading initially against BTC, BNB and XRP and more to come. 

BUSD is now available for purchase and redemption on the Paxos platform. In order to get BUSD through Paxos, you need to be a verified customer. You can either deposit PAX or deposit dollars by wire from a bank account.

Genesis Date October 09, 2019
Hashing Algorithm ETH Token
Block Time 0
Available/Total Supply 22 138 137 053 / 22 138 137 053