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View ChartBUSD (Binance USD) is a fiat-collateralized stablecoin pegged 1:1 to the U.S. dollar. It was issued by Paxos Trust Company, LLC in partnership with Binance and approved and regulated by the New York State Department of Financial Services (NYDFS). BUSD combines the stability of the dollar with blockchain technology, allowing users to transact with a price-stable digital asset across multiple networks. It is issued as an ERC-20 token on Ethereum and is also supported as BEP-2 on BNB Beacon Chain, BEP-20 on BNB Chain, and on Polygon and Avalanche. Each BUSD is backed by reserves held in fiat cash at insured U.S. banks and/or U.S. Treasury bills. The token has an unlimited maximum supply, with a circulating supply of roughly 34.41 million BUSD. Following regulatory developments, Paxos no longer mints new BUSD and Binance has gradually wound down support for BUSD products, placing the asset in a mature wind-down phase.
BUSD was created through a partnership between Binance and Paxos Trust Company, LLC. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance offers crypto-to-crypto trading in more than 500 cryptocurrencies and virtual tokens, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), and its own token Binance Coin (BNB). Paxos is a New York-based financial technology company and a hybrid custodian that serves as the issuer of BUSD. Rich Teo, Co-Founder and CEO Asia at Paxos, has been quoted in Paxos newsroom statements regarding BUSD's market growth. The stablecoin operates under the regulatory oversight of the New York State Department of Financial Services.
BUSD is a fiat-backed stablecoin pegged to the U.S. dollar on a 1:1 basis. Each BUSD is exchangeable for 1 USD from the reserves. By sending BUSD to Paxos, the issuer burns the tokens and provides the fiat currency, keeping supply and reserves at a constant 1:1 ratio. Whenever the price of BUSD moves below $1, traders can purchase BUSD in large quantities and convert it into fiat through the Paxos platform. An increase in demand naturally raises the token price back to $1, restoring the peg. New York state regulators have enforced particular measures on Paxos, Binance, and how the stablecoin must operate. Along with ensuring the token is fully collateralized, Paxos must carefully control the creation and burning of BUSD tokens, and it has the right to freeze accounts and remove funds if needed due to illegal activity. These principles adhere to the Trust Charter and New York banking laws applicable to the stablecoin. BUSD is an ERC-20 and BEP-20 token compatible with the Ethereum network and BNB Chain, allowing users to transact with a price-stable asset across multiple blockchain ecosystems. BUSD can be redeemed for USD at any time through approved partners.
BUSD is one of the few stablecoins compliant with the regulatory standards of the New York State Department of Financial Services (NYDFS). It is described as one of three stablecoins approved by Wall Street regulators, alongside GUSD and PAX, and is regarded as one of the best-regulated, most compliant and well-backed stablecoins in the crypto industry. The BUSD and associated USD supply levels are externally audited every month for transparency and compliance purposes, with the BUSD Monthly Audit Report viewable from the official website. BUSD is 100% backed by reserves held in fiat cash in dedicated omnibus accounts at insured U.S. banks and/or U.S. Treasury bills. Compared to USDT, BUSD is described as a better regulated and more compliant asset, and like USDC it features similar high-quality compliance standards and reserve transparency. It can be issued and redeemed without any extra fee. BUSD is also widely used across the majority of leading crypto exchanges as an asset with a firm peg to the U.S. dollar.
Based on price stability, stablecoins play an important role in transactions, payments and settlement, and Decentralised Finance (DeFi). BUSD use cases include transferring digital dollars anywhere in minutes at low cost on the blockchain; trading BUSD on different exchanges and DEX; depositing BUSD to earn an interest rate; paying BUSD as payment for goods and services; using BUSD as collateral and a loan asset; using BUSD as cross collateral in Futures; and storing BUSD on an exchange or in a wallet. BUSD holders are typically Binance ecosystem participants who use the token for trading, liquidity, and futures contracts. BUSD is widely used as a fiat-linked store of value. It is available for purchase and redemption from Paxos, and can be bought from exchanges. BUSD is also available on MetaMask for buying, selling, swapping, bridging, prediction markets, perpetuals, and staking, and on Bybit for converting crypto, earning passive rewards, crypto pre-market listings, and spot trading.
The BUSD ecosystem grew from a market capitalization of around US$1B at the start of 2021 to over US$14.6B at the end of 2021, making it the third largest stablecoin by market cap behind Tether and USDC. BUSD is issued on Ethereum but is also supported on BNB Chain, Polygon, and Avalanche. It is available on MetaMask, Bybit, ChangeNOW, and Bitget Web3 swap (BUSD-BD1), and can be purchased and redeemed from Paxos. However, the ecosystem has since entered a wind-down phase. Paxos no longer mints new BUSD but allows customers to redeem BUSD for USD or convert their BUSD to USDP. Binance and Paxos ceased support for the BUSD token, encouraging users to swap their BUSD to other stablecoins or assets before February 2024, and Binance has gradually wound down support for BUSD products. DIA's BUSD Token API provides real-time price of BUSD, transparently sourced from multiple CEXs and DEXs, and can also be requested as a price oracle.
BUSD cannot be mined. It is not a proof-of-work or proof-of-stake asset with block rewards. Instead, BUSD is a fiat-collateralized stablecoin minted and burned by Paxos Trust Company, LLC in accordance with New York banking laws and the Trust Charter. New tokens were created when approved partners deposited U.S. dollars or eligible reserves, and tokens were burned when redeemed for fiat. Paxos carefully controls the creation and burning of BUSD tokens. As of the current phase, Paxos no longer mints new BUSD, but customers can still redeem BUSD for USD or convert their BUSD to USDP. Users who wish to earn a return on stablecoin holdings typically do so through deposit or staking products offered by platforms, rather than through mining.
Because BUSD exists on multiple blockchains, including Ethereum, BNB Chain, Polygon, and Avalanche, users should confirm they are using the correct network and the correct contract address when sending or receiving tokens. Always verify all project links and data, as they may change over time, and be vigilant of scams interpreting official projects. Store BUSD in a reputable self-custody wallet or a trusted platform account, and safeguard private keys and seed phrases offline. Be aware that Binance-Peg BUSD is a Binance product; it is not issued by Paxos nor regulated by the New York State Department of Financial Services, so it carries different counterparty risk than native BUSD. Given that Paxos no longer mints new BUSD and Binance has gradually wound down support for BUSD products, holders should monitor official announcements and consider whether to swap BUSD for other stablecoins or assets. In the medium to long term, attention should be paid to trend-related selling pressure and redemption risks stemming from tightened liquidity, with a focus on BUSD's stability near $1.00 and changes in trading volume.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for BUSD are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of BUSD (BUSD) is ₹95.842132. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BUSD to USD rate at the top of BTCC’s price page. In terms of market scope, BUSD records a 24h trading volume of ₹11.666362Cr (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹329.648696Cr. Its current circulating supply stands at 3.44Cr out of a maximum supply cap of ∞.
The price volatility of BUSD (BUSD) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (3.44Cr) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, BUSD (BUSD) hit an all-time high (ATH) of ₹109.728375 on 2025-09-21 07:10, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹84.808151 on 2020-03-13 02:40. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading BUSD futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹11.666362Cr), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BUSDUSDT perpetual contracts support two-way trading. If you anticipate a price decline for BUSD, simply log into your BTCC account with USDT margin available, navigate to the BUSDUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for BUSDUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹95.842132), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BUSDUSDT with zero financial risk.
Trading BUSD (BUSD) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BUSDUSDT, and review its live price (₹95.842132) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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