Binance USD (BUSD)

0.01 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

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Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

16276116944>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

16,272,271,387.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

16,272,271,387.16
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

0.00
Low High
Contract
Website
Explorers
Community
Social Media
Tags
Week Month Year All Time
High

Jan 30 2023

1.002205583722
-0.22%

Jan 12 2023

1.009168287161
-0.91%

Jul 01 2022

1.014079066869
-1.39%

Mar 13 2020

-13.34%
Low

Feb 01 2023

0.999675506628
0.03%

Jan 18 2023

0.997192556228
0.28%

Jul 30 2022

0.995358854349
0.47%

May 19 2021

11.00%

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

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Coin
Binance USD
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Coin Info

Binance USD (BUSD) is a 1:1 USD-backed stablecoincoin launched by Binance (in collaboration with Paxos), which has been authorized and governed by the New York State Department of Financial Services (NYDFS). The official website offers access to the BUSD Monthly Audit Report. BUSD, which was introduced on September 5, 2019, attempts to combine the stability of the dollar with blockchain technology. It is an ERC-20-based digital fiat money that supports BEP-2.

Stablecoin plays an essential role in transactions, payments, and settlement, as well as Decentralized Finance, because of its price stability (DeFi).

Here are some BUSD usage cases:

  • Transfer your digital dollars (BUSD) anywhere in minutes, at a minimal cost, and on the blockchain.

  • Trade BUSD on various exchanges and DEX.

  • Deposit BUSD to receive interest.

  • Pay BUSD in exchange for products and services.

  • Utilize BUSD as a lending asset and as collateral.

  • Utilize BUSD as cross collateral while trading futures.

  • Store BUSD in your wallet or on an exchange.

In 2021, the BUSD ecosystem has developed significantly. The stablecoin's market value increased from over US$1 billion at the beginning of 2021 to over US$14.6 billion at the end of 2021. This places it third in terms of market capitalization, after Tether and USDC. This increase is mostly due to increased user adoption since Binance coin is supported by wallets, platforms and services, DEXes, and CEXes.

To know more about the Binance coin price prediction, install the top cryptocurrency app CoinGabbar today!

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