Busd (BUSD)

Stable coin issued by the Binance exchange

#29

Marketcap Ranking

1.000442 (-0.12%) arrow_drop_down

Market Price (24h change)

806,110,171

Total Market Cap

2.1

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info_outline What is Busd

2.6

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Busd Short Description

Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS).

BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD.

We can not provide any looks into the future for Busd yet.

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Busd Explanation Video

Binance Stablecoin BUSD: Explained | Harmony Protocol

BUSD has been announced as the first Stablecoin on Harmony. But what is BUSD and what is a stablecoin. All this and more in the latest video. Github repo for BUSD on Harmony: http ...

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Screenshot from Website

www.paxos.com
Busd Websitemore_vert

Visit Webpage

Website Informationclose

Organization: Whois Privacy Service
Name: On behalf of paxos.com owner
Country: US
City: Seattle
Zipcode: 98108-1226
Address: P.O. Box 81226
Mail: abuse@amazonaws.com
Creation date: 2002-09-07
Expiration date: 2021-09-07
Nameserver: NS-1193.AWSDNS-21.ORG

build Busd Product Analysis

4.0

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Busd Whitepaper

No whitepaper available


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Busd Competitors

  • 1.) Steem Dollars

    A new way for publishers to monetize their online content and community, based on battle-tested blockchain technology

  • 2.) Tether

    Tether (USDT) is a cryptocurrency with reference to fiat currencies that is issued by Tether Limited Company. Using the technology of Blockchain, Tether allows the users to keep, send and receive digital tokens pegged to dollars, euros and yens*. *1USDT =/= 1USD - according to ToS (Terms-of-service) of Tether Limited Company - Tether tokens are not money, although they are backed by the currency used to purchase them at issuance.

  • 3.) bitCNY

    BitCNY is a fungible smart coin market pegged to Chinese currency, Chinese Yuan. Its demand emanates from users desiring similar purchasing power as that of the Chinese yuan and subsequent ability to carry out transactions. It is an asset which represents a total amount of BTS needed to value a single Chinese Yuan. BTS is used as collateral by BitShares.

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Busd Product Analysis

Busd was founded back in September 2019. never released their source code, which makes it an intransparent and hidden project with no guarantee that their product works or is being developed.
Organization wise, Busds Development is Centralized and is being developed under the lead of a non-public figure..

The consensus on which the Busd network is run is called Not mineable, while the underlying algorithm is called None.
In the current state of Busd currently is Only token

group Busd Community Analysis

1.7

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Busd Communities & Events

There is no official BUSD-subreddit yet

view_list Subreddit
person Subscribers
directions_run Active Users
create Daily Posts
speaker_notes Daily Comments
linkOpen Subreddit

There is no official Telegram Channel for BUSD yet

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person Members
directions_run Online
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Official Twitter account for Busd

view_list @PaxosGlobal Channel
person 7,612 Followers
10.21.2020
12:10
Paxos Crypto Brokerage is powering #crypto on @PayPal. Soon, millions of PayPal users will be able to buy/sell/hold $BTC, $ETH, $BCH, $LTC https://t.co/vawnZCg8rk 854 favorite
10.20.2020
16:13
Within the past year, we launched several industry-pioneering products. We move fast but don't break things. Read more about our product management approach https://t.co/5Ns9moKwIo 9 favorite
10.19.2020
19:20
Regulation and compliance are the foundation for achieving our vision of an open & frictionless financial system. All Paxos-issued tokens are approved, regulated, and green-listed by @NYDFS. Here are their monthly attestations https://t.co/My2f5Fgzup 4 favorite
10.16.2020
20:06
Paxos is growing fast and needs more talent that's dedicated to safeguarding customer assets. Check out the roles we're hiring for on the legal & compliance teams https://t.co/Ud7rdkwqmc 7 favorite
10.15.2020
17:20
As the #crypto industry matures, regulators are increasing their efforts to make this space safer for investors. Paxos has always taken a compliance-first approach when it comes to our products. Read more here https://t.co/cg1WKSslOM 6 favorite
10.14.2020
18:50
#Gold has been on all investors' minds this year. What prompted Paxos to launch $PAXG? Here's our CEO & co-founder Charles Cascarilla talking about the vision for $PAXG on @MadMoneyOnCNBC with @jimcramer last year 8 favorite
10.13.2020
15:51
The valuations of @RobinhoodApp & @RevolutApp more than doubled after launching #crypto in their apps. Paxos is here to help more companies enable crypto within their apps and grow their businesses. Check out what we can offer https://t.co/sxnLb1Y84I https://t.co/tbnkIxtkQz 9 favorite
10.12.2020
17:58
The market cap of @binance USD $BUSD is now more than $700 million! Issued by Paxos, approved & regulated by @NYDFS, $BUSD holds the highest regulatory standards to protect customers https://t.co/klY2KYnWMz 14 favorite
10.09.2020
17:09
We're expanding our engineering team & looking for talent at all experience levels. With our “reverse interviews,” you can chat with any potential team members to get a better understanding of what we're all about. Check out our openings now https://t.co/Ud7rdkwqmc #fintechhiring 4 favorite
10.08.2020
16:31
The valuations of @RobinhoodApp & @RevolutApp more than doubled after launching #crypto in their apps. Paxos is here to help more companies enable crypto trading within their apps and grow their businesses. Check out what we can offer https://t.co/sxnLb1Y84I #PaxosCryptoBrokerage 6 favorite

There are no events for Busd in the next 3 Months

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Busd Google Trends


The Google Trends chart displays the search interest on google in Busd relative to its peak over the last year. A rising chart shows growing interest int he project.

code Busd Development Analysis

1.0

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Busd Github Analysis


Busd is not open source and can therefore not be analyzed. This will automatically give Busd a rating of 1 as a penalty for not being open-source.

attach_money Busd Price Analysis

4.4

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Busd Price Prediction

$ 1.000852 (0.09%) arrow_drop_up

Predicted USD Market Price in 24h by Coinpaper

$ 1.001893 (0.19%) arrow_drop_up

Predicted USD Market Price in 14d by Coinpaper

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Converter BUSD - USD

Convert between BUSD and USD with the live Busd prices, aggregated from all big exchanges that trade Busd.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Busd Team Analysis

4.0

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Busd Team

Busd Team Leader

Busd Team Members (0)

compare_arrows Busd Exchanges

Busd Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Binance BUSD/BTC $ 0.999979 $ 168,271,806 check
# 2 Binance BUSD/USDT $ 1.000895 $ 123,017,239 check
# 3 Binance BUSD/ETH $ 1.000641 $ 96,617,104 check
# 4 Binance BUSD/BNB $ 1.000709 $ 7,265,351 check
# 5 Binance BUSD/LTC $ 0.999749 $ 3,872,199 check
# 6 Binance BUSD/XRP $ 0.998545 $ 3,538,069 check
# 7 Binance BUSD/LINK $ 0.997439 $ 2,375,679 check
# 8 Binance BUSD/BCH $ 0.998919 $ 2,230,905 check
# 9 Binance BUSD/TRX $ 0.999339 $ 1,513,831 check
# 10 Binance BUSD/EOS $ 0.999721 $ 1,256,029 check

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