Total Supply: N/A
Circulation: 466,091,713 / 466,091,713
Binance USD (BUSD) is a new USD-denominated stablecoin approved by the New York State Department of Financial Services (NYDFS) that will be launched in partnership with Paxos and Binance. BUSD is 100% backed by U.S. dollars held in FDIC-insured U.S. banks. A top auditing firm will attest to the matching supply of BUSD tokens and underlying U.S. dollars on a monthly basis.