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 * BUSD (BINANCE USD)
   
   
   BUY U.S. DOLLARS (BUSD) THROUGH BINANCE TODAY!
   
   BUSD is a 1:1 USD-backed stablecoin approved by the New York State Department
   of Financial Services (NYDFS) and issued in partnership with Paxos.


 * BUSD GIVEAWAY
   
   
   EXCHANGE YOUR NFT VOUCHER FOR $5,000 BUSD
   
   Thank you for participating in the BUSD weekly giveaway! We're excited to
   exchange your NFT voucher for $5,000 BUSD. This is our way of showing
   appreciation for your dedication and involvement in our community. Click the
   button below to begin the reward claim process.
   Swap Voucher

12.8M
Drawn BUSD today
Drawn BUSD today
Drawn BUSD today
2561
# Number of participants
# Number of participants
# Number of participants
6 DAYS

Drawing ends in
As of Sep 3, 2023


HOW TO GET BUSD


CONVERT STABLECOIN

0 Fees
Zero transaction fees for BUSD/USDT.
Convert to BUSD
Hot


PURCHASE WITH FIAT

0 Fees
Purchase 1:1 with USD via wire transfer, or top up your Binance Spot Wallet with
other currencies to exchange to BUSD.
Purchase Now


TRADE ON BINANCE


Supported in 300+ trading pairs when exchanging other tokens to BUSD.
Trade BUSD


WHY BUSD


UPHOLDING HIGH STANDARDS THAT BUILD TRUST

BUSD is fully regulated by a primary prudential regulator - the New York State
Department of Financial Services (NYDFS), offering the highest level of consumer
protection. All reserves are held 100% in cash and cash equivalents; hence
customer funds are always available for 1:1 redemption.


FULLY SEGREGATED ASSETS

With fully segregated bankruptcy-remote accounts, assets held in custody would
be returned to their rightful owners even if the custodial trust became
insolvent.


MASS ADOPTION

BUSD is available on over 30 exchanges and has many popular use cases. Explore
BUSD’s mass adoption and access your funds 24/7 with this blockchain-based
solution for payment.


MONTHLY BUSD RESERVE BREAKDOWN

Total Net Assets
U.S. Treasury Debt
U.S. Treasury Collateralized Reverse Repurchase Agreements
Cash Deposits
MAY Amount (%)
5.28B
2.37B (44.92%)
2.90B (54.96%)
6.31M (0.12%)
Download latest reserve report
APR Amount (%)
6.34B
0.49B (7.72%)
5.84B (92.12%)
9.91M (0.16%)


ATTESTATION REPORT

2023
2022
2021
2020
2019
JANFEBMARAPR


POPULAR USE CASES

Earn Interest
Deposit your Binance USD and earn interest
Go to Binance Earn
Launchpool
Stake your BUSD to earn token rewards.
Go to Launchpool
View More


EXPLORE BUSD ECOSYSTEM

Binance
BNB Chain
Avalanche
Polygon
Tron
Optimism
Paxos
Coinbase
Crypto.com
GEMINI
CoinMarketCap
PancakeSwap
Binance Pay
Binance US
Kucoin
Curve.fi
Uniswap
AAVE
CoinGecko
Bitpay
Binance
BNB Chain
Avalanche
Polygon
Tron
Optimism
Paxos
Coinbase
Crypto.com
GEMINI
CoinMarketCap
PancakeSwap
Binance Pay
Binance US
Kucoin
Curve.fi
Uniswap
AAVE
CoinGecko
Bitpay


LEARN MORE ABOUT BUSD

Introducing BUSD
Binance Widens Access to Its Regulated, Licensed, and Fiat-backed BUSD
Stablecoin
Join BUSD Community


MEDIA ASSETS

Visit BUSD Brand Guide to download BUSD logos and other media assets.
Visit the BUSD Brand Guide


FAQ

1. What is BUSD? And how does it work?
BUSD is a stablecoin pegged to the US Dollar (USD), issued by Paxos. Approved by
the NYDFS, BUSD is available for purchase and redemption at a rate of 1 BUSD to
1 USD.

In addition, BUSD is green-listed by the NYDFS, making it pre-approved for
custody and trading by any of the NYDFS’ virtual currency licensees.

BUSD is a fiat-backed stablecoin that maintains a U.S. dollar peg. For every
unit of BUSD, there is one US dollar held in reserve. In other words, an amount
of U.S. dollars equal to the total supply of BUSD is held in custody by Paxos,
acting as its reserves in FDIC-insured U.S. banks.

To learn more, please refer to our articles:
What is BUSD?
Stablecoins and BUSD: What are They and How do They Work?
2. How to purchase and redeem BUSD?
Visit How to buy Binance USD (BUSD) guide to learn more details. On Binance, it
provides over 300 tradeable BUSD pairs and various fiat gateways, making it easy
to add BUSD to your portfolio.
To redeem or sell BUSD to US dollars, you can use the Binance Buy and Sell
function. For large redemptions, contact the BUSD team.Or you can redeem through
the Paxos platform directly.

Check out the current price of Binance USD here: Binance USD (BUSD) Price, Chart
& News.
3. Learn more about multichain BUSD.
BUSD is issued on Ethereum by Paxos and regulated by the NYDFS. Binance provides
the pegged token service to lock BUSD on Ethereum and issues an equivalent
amount of Binance-peg BUSD on other networks. Check out the proof of assets for
more details.

Binance-Peg BUSD is currently issued on these blockchains: BNB Smart Chain, BNB
Beacon Chain, Avalanche, Polygon, Tron and Optimism – more integrations are
expected to come soon.

 * Ethereum contract address(ERC20 BUSD):
   https://etherscan.io/token/0x4Fabb145d64652a948d72533023f6E7A623C7C53
 * BNB Smart Chain contract address (BEP20 BUSD):
   https://bscscan.com/token/0xe9e7cea3dedca5984780bafc599bd69add087d56
 * BNB Beacon Chain contract address(BEP2 BUSD):
   https://explorer.bnbchain.org/address/bnb19v2ayq6k6e5x6ny3jdutdm6kpqn3n6mxheegvj
 * Avalanche contract address (ERC20 BUSD, AVAXC):
   https://snowtrace.io/token/0x9c9e5fd8bbc25984b178fdce6117defa39d2db39
 * Polygon contract address (ERC20 BUSD, MATIC):
   https://polygonscan.com/token/0x9c9e5fd8bbc25984b178fdce6117defa39d2db39
 * Tron contract address (TRC20 BUSD, TRON):
   https://tronscan.org/#/token20/TMz2SWatiAtZVVcH2ebpsbVtYwUPT9EdjH
 * Optimism contract address (ERC20 BUSD, OP):
   https://optimistic.etherscan.io/token/0x9c9e5fd8bbc25984b178fdce6117defa39d2db39


5. How do I know my BUSD is secure?

The primary risk of stablecoins is that many of them aren’t fully backed by the
reserve currencies. BUSD is always backed 100% by cash reserves without any
leverage. And the reserve is made by cash and cash equivalents. While BUSD is
fully collateralized, its issuer-Paxos provides a transparent process for
minting and burning BUSD tokens. In addition, BUSD reserves are regularly
attested by a trusted auditor to ensure users will be able to access the
collateral that backs BUSD whenever needed. You can visit our website to check
out these reports.

Furthermore, BUSD commits to high standards, including working with regulators
to maintain a license and be fully regulated. BUSD is issued by Paxos, a partner
of Binance. Both Paxos, as the issuer, and the BUSD stablecoin, are regulated by
the New York State Department of Financial Services (NYDFS), a leading regulator
in this area. BUSD is also green-listed by the NYDFS, making it pre-approved for
custody and trading by any of the NYDFS’ virtual currency licensees.

Last but not least, BUSD offers users the highest levels of safety, protection,
and security. In addition to being regulated by the NYDFS, BUSD is subject to
the New York Banking Law. That law states that in the unlikely event that Paxos
Trust becomes insolvent, it will not go through the standard bankruptcy
procedures like other companies.

Instead, the Superintendent of NYDFS would return assets held in custody by
Paxos Trust to their rightful owners. Paxos Trust holds customer assets safely
separated from any corporate funds as a qualified custodian. This way, our
customers can be sure that their assets will always be available at any time.


CONTACT US

For business cooperation requests, please connect us at:
BUSD Email: busd@binance.com
Submit your queries to build with BUSD
Google Form: Link
Disclaimer: BUSD is issued on Ethereum by Paxos and regulated by the NYDFS.
Binance provides the pegged token service to lock BUSD on Ethereum and issues an
equivalent amount of Binance-peg BUSD on other networks. Check out the proof of
assets (proof of collateral for B-tokens) for more details. Please note that
Binance-Peg BUSD is a Binance product. It is not issued by Paxos nor regulated
yet by the NYDFS.
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