Price
$0.99390
24h% change
-0.4%
Volume (24h)
$300,458
Market Cap
$68.042M
Binance USD (BUSD) stands as a USD-backed stablecoin at a 1:1 ratio, issued by Binance in collaboration with Paxos. Regulated and endorsed by the New York State Department of Financial Services (NYDFS), BUSD provides a Monthly Audit Report accessible on the official website. Introduced on September 5, 2019, BUSD strives to combine the stability of the dollar with the innovation of blockchain technology. It functions as a digital fiat currency issued in the form of ERC-20 and supports BEP-2 standards.
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Binance USD’s historic highest price is $2.58, which was recorded on 10th of November 2024. Currently, Binance USD’s price is %61.3 Lower than its historic high.
Binance USD’s historic lowest price is $0.78543, which was recorded on 30th of September 2024. Currently, Binance USD’s price is %27 Higher than its historic low.
Let's take a look at the important factors that impact Binance USD's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.