BUSD

BUSD (Binance USD) BUSD is a 1:1 USD-backed stablecoin approved by the New York State Department of Financial Services (NYDFS) and issued in partnership with Paxos.

How to Get BUSD? 1. Convert Stablecoin. 2. Purchase with Fiat. 3. Trade on Binance.

Why BUSD Upholding High Standards that Build Trust BUSD is fully regulated by a primary prudential regulator - the New York State Department of Financial Services (NYDFS), offering the highest level of consumer protection. 

Fully Segregated Asset With fully segregated bankruptcy-remote accounts, assets held in custody would be returned to their rightful owners even if the custodial trust became insolvent.

Mass Adoption BUSD is available on over 30 exchanges and has many popular use cases. Explore BUSD’s mass adoption and access your funds 24/7 with this blockchain-based solution for payment.

BUSD is a fiat-backed stablecoin that maintains a U.S. dollar peg. For every unit of BUSD, there is one US dollar held in reserve. In other words, an amount of U.S. dollars equal to the total supply of BUSD is held in custody by Paxos, acting as its reserves in FDIC-insured U.S. banks.