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Binance USD (BUSD)

Rank #6

$1

0.06%

0.000049 BTC

BUSD

USD

MARKET CAP

$17.564B

ALL TIME HIGH

$1.11

VOLUME 24H

$4.641B

CIRC. SUPPLY

17.547B

VOL/MCAP

26.00%

TOTAL SUPPLY

17.547B

DILUTED MCAP

$17.564B

MAX SUPPLY

1H USD

0.16%

24H USD

0.06%

7D USD

0.1%

30D USD

60D USD

0.26%

90D USD

0.07%

Tag:

stablecoinasset-backed-stablecoinbinance-chainharmony-ecosystemView all

Contracts:

BNB Smart Chain (BEP20)BUSD-BD1

24h Change

0.06 %

Binance USD - BUSD Profiles

What is Binance USD (BUSD)?

BUSD are fiat-collateralized Stablecoins. BUSD is 100% backed by fiat and equivalent assets, it has a centralized management mechanism and buyback to maintain the stability of the token price in the market. BUSD is one of the most used stablecoins in the market.

History

Launched in September 2019, Binance USD (BUSD) is a fiat-collateralized stablecoin launched in collaboration between Binance and Paxos. BUSD is the frist stablecoin launched as part of Binance's Venus project. It was also revealed at the time of launched that NYDFS had approved the new offering, which Binance is launched in partnership with the Paxos.

BUSD is issued by $2, a New York-regulated financial institution. Led by CEO and Co-Founder $2, the Paxos team consists of individuals from various backgrounds and experiences ranging from Wall Street to Silicon Valley.

BUSD was built to improve the larger financial ecosystem by creating a frictionless global network where digital assets can be mobilized with significantly increased speed, flexibility, and accessibility.

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People

We found 0 people related to busd-binance-usd, include

Organizations

We found 2 organizations related to Binance USD has Paxos, Binance

Paxos

1994

New York, New York, United States

About

Paxos is a New York-regulated financial institution on a mission to create a global, frictionless economy. By building infrastructure to enable the movement between physical and digital assets, Paxos is creating a future where all assets—from money to commodities to securities—are digitized and can move instantaneously, 24/7. Today, as the first regulated Trust company for digital assets, Paxos technology makes it possible to tokenize, custody, trade and settle assets. Paxos products include: Post-Trade Confirmation Service, which has been used to confirm over $1 trillion commodities and FX trades; Paxos Standard (PAX), the world's most liquid regulated stablecoin; Paxos Settlement Service, a private, permissioned blockchain designed to settle securities between two parties bilaterally and more. With offices in New York, London and Singapore, Paxos takes a global view of modernizing the financial system.

Highlight

Funding Rounds:

Total Funding Amount:

$ 538.5M

Individuals Investors:

Organizations Investors:

Funding Rounds

Paxos has raised a total of $538.5M in funding over 6 rounds. Their latest funding was raised on April 29, 2021 from a Series D - Paxos round.

Announced Date

Transaction Name

Number of Investors

Money Raised