Binance USD
BUSD
Binance USD (BUSD) Feed: Events, News & Roadmap
Binance USD to Be Delisted From Binance on December 15th
Binance will cease BUSD products starting from December 15th.
Closure of All BUSD Positions in Binance Loans on October 25th
Binance Coin has announced that it will be closing all outstanding BUSD loan and collateral positions on its Binance Loans (Flexible Rate) platform. T…
Delisting From Coinbase Exchange
Coinbase will suspend trading for Binance USD (BUSD) on March 13, 2023, on or around 12pm ET.
Token Burn
Later today, Binance will burn $2bn worth of idle BUSD on BNB Chain. The same amount of BUSD on the Ethereum network, which was used as collateral, w…
Listing on CoinEx
Auto-Convert USDC, USDP, TUSD to BUSD on Binance
Listing on Koinbazar
Listing on BingX
Listing on Bitrue
Listing on Bitget
Video Competition
Listing on Tokpie
Listing on Indodax
Trading Competition on Binance
Listing on KickEX
Listing on Gate.io
Listing on BKEX
New BUSD/BRL Trading Pair on Binance
Listing on OceanEx
New HBAR/BUSD, MATIC/BUSD, WRX/BUSD & ZIL/BUS Trading Pairs on Binance
Binance USD Events on the Chart
What is Binance USD?
BUSD (Binance USD) is a stablecoin issued by Binance in collaboration with Paxos. Each BUSD token is backed by one US dollar and can be redeemed for dollars at a 1:1 ratio. Here are the key points about the BUSD project:
Backing and Stability: As a stablecoin, BUSD’s price is pegged to a stable fiat currency, in this case, the US dollar. This makes it less volatile compared to other cryptocurrencies.
Utility: BUSD can be used for trading on cryptocurrency exchanges, sending money, purchasing goods and services, or simply as a store of value.
Transparency: All assets backing BUSD are regularly audited by independent auditors to ensure the reserves match the US dollars for the issued tokens.