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BUSD - A Secure and Stable Cryptocurrency

Introducing a form of convertible digital currency backed by US dollars, built for trading across the Binance ecosystem and beyond.

Why Stablecoins Matter?

Stablecoins are digital assets that are designed to maintain a stable price, rather than experience significant price movements. Traders and companies may need this stable alternative when trading around volatile cryptocurrencies or when sending/receiving money without price changes.

BUSD is a U.S.-regulated stablecoin, fully backed by U.S. dollars: 1 BUSD = $1.00 USD. BUSD offers faster ways to fund your trades and is acceptable as a medium of exchange, store of value, and method of payment across the global crypto ecosystem.

How to get BUSD

Convert USD to BUSD
Purchase BUSD with your Binance.US cash balance or debit card, or through an ACH transfer.
Trade in Markets
Binance.US supports multiple ways to trade other cryptocurrencies into BUSD.

Monthly BUSD Reserve Breakdown

Total Net Assets
U.S. Treasury Debt
U.S. Treasury Collateralized Reverse Repurchase Agreements
Cash Deposits
OCT Amount (%)
21.5B
6.13B (28.54%)
14.48B (67.41%)
0.86B (4.05%)
Download latest reserve report
SEP Amount (%)
21.2B
5.34B (25.13%)
14.32B (67.39%)
1.59B (7.48%)
Difference
1.42%
14.79%
1.12%
-45.91%

Attestation Reports

2019
2020
2021
2022

What is BUSD

Price-stable, USD-backed digital asset
1:1 fully USD-backed, easy to convert value of exchange between USD and BUSD.
US Regulated by NYDFS
Approved and regulated by the NYDFS, ensuring consumer protection.
Available across all Binance ecosystems and beyond
Built on ERC20; easily stored in an Ethereum wallet.

Frequently Asked Questions

1. What is BUSD?

2. How is BUSD secure and stable?

3. Is BUSD backed by U.S. dollars?

4. Who is the issuer of BUSD?

5. How can I get BUSD?

Disclaimer: BUSD is issued on Ethereum by Paxos and regulated by the NYDFS. Binance provides the pegged token service to lock BUSD on Ethereum and issues an equivalent amount of Binance-peg BUSD on other networks. Check out the proof of assets (Proof of Collateral for B-Tokens) for more details. Please note that Binance-Peg BUSD is a Binance product. It is not issued by Paxos nor regulated yet by the NYDFS.