Binance USD (BUSD)

Total Supply: N/A

Circulation: 466,091,713 / 466,091,713

Website: https://www.binance.com/en/busd

White paper: https://www.allcryptowhitepapers.com/binance-usd-whitepaper/

Project Information

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.