BUSD
Binance USD (BUSD) is a fully collateralized, regulated stablecoin pegged 1:1 to the US Dollar. In partnership with Paxos, Binance has developed BUSD to provide a secure and reliable digital dollar that enables seamless transactions, trading, and decentralized finance (DeFi) applications.
Pegged 1:1 to the US Dollar
Available on multiple blockchains
One of the world's leading cryptocurrency exchanges where BUSD is extensively used for trading and liquidity provision.
The regulated entity responsible for ensuring that every BUSD token is fully backed by corresponding USD reserves.
A range of decentralized finance platforms incorporate BUSD to facilitate stable yield farming, lending, and borrowing solutions.