Faster global financial news!
BUSD BUSD449
BUSDMarket
-
Trend
-
K-Line
BUSDNews
-
BUSD Stablecoin: An Analysis of Its Definition, Rise and Fall, and Current Status
BUSD (Binance USD) was a U.S. dollar-pegged stablecoin launched through a partnership between Paxos and Binance, pegged 1:1 to the U.S. dollar. The ERC-20 BUSD issued by Paxos was strictly regulated by the New York State Department of Financial Services (NYDFS).However, following the NYDFS’s February 2023 order for Paxos to cease issuing new BUSD—coupled with an investigation by the U.S. SEC—BUSD’s market position declined sharply. Binance ceased support for BUSD at the end of 2023 and automatically converted the remaining BUSD in user accounts to FDUSD in early 2024. Nevertheless, on July 6, 2026, the U.S. SEC concluded its investigation into Paxos’s issuance of BUSD and decided not to take enforcement action.
-
What is BUSD? How can I get it? (Includes information on BUSD’s delisting)
BUSD (Binance USD) is a U.S. dollar-pegged stablecoin launched in 2019 through a partnership between Binance and Paxos Trust Company; it was once the third-largest stablecoin by market capitalization. It is designed to be pegged to the U.S. dollar at a 1:1 ratio, backed by U.S. dollar reserves, and regulated by the New York State Department of Financial Services (NYDFS).However, due to directives from U.S. regulators, Paxos ceased issuing new BUSD in 2023, and Binance has gradually discontinued support for it, advising users to convert their BUSD into other stablecoins.
No related news
-
BUSD Stablecoin: An Analysis of Its Definition, Rise and Fall, and Current Status
BUSD (Binance USD) was a U.S. dollar-pegged stablecoin launched through a partnership between Paxos and Binance, pegged 1:1 to the U.S. dollar. The ERC-20 BUSD issued by Paxos was strictly regulated by the New York State Department of Financial Services (NYDFS).However, following the NYDFS’s February 2023 order for Paxos to cease issuing new BUSD—coupled with an investigation by the U.S. SEC—BUSD’s market position declined sharply. Binance ceased support for BUSD at the end of 2023 and automatically converted the remaining BUSD in user accounts to FDUSD in early 2024. Nevertheless, on July 6, 2026, the U.S. SEC concluded its investigation into Paxos’s issuance of BUSD and decided not to take enforcement action.
-
What is BUSD? How can I get it? (Includes information on BUSD’s delisting)
BUSD (Binance USD) is a U.S. dollar-pegged stablecoin launched in 2019 through a partnership between Binance and Paxos Trust Company; it was once the third-largest stablecoin by market capitalization. It is designed to be pegged to the U.S. dollar at a 1:1 ratio, backed by U.S. dollar reserves, and regulated by the New York State Department of Financial Services (NYDFS).However, due to directives from U.S. regulators, Paxos ceased issuing new BUSD in 2023, and Binance has gradually discontinued support for it, advising users to convert their BUSD into other stablecoins.
About BUSD
In 2023, due to regulatory requirements, Paxos ceased issuing new BUSD, and the stablecoin is gradually being phased out of the market. Investors should refer to official announcements for details regarding redemption and exit arrangements.
This page provides investors interested in Binance USD with real-time updates on the latest BUSD price, percentage change, and BUSD/USDT price trends, accompanied by candlestick charts across multiple timeframes—including minute, hourly, daily, and weekly—as well as common technical indicators to facilitate analysis of BUSD market conditions; You can also view Binance USD’s real-time market capitalization ranking, trading volume, and historical price data; browse the latest news on Binance USD; and use conversion tools to convert BUSD into fiat currencies such as the Chinese yuan and the U.S. dollar.
BUSD Data
24H Trending
-
1
China Eases Limits on Nvidia H200 Chip Shipments for Key Tech Groups
-
2
What is CTK coin? CertiK project token and its investment value analysis
-
3
What is LEND coin? ETHLend's old token has migrated to AAVE, analyzing the current trading status
-
4
ATLAS Coin Analysis: Star Atlas Metaverse Token Status Quo and Development Prospects
-
5
What is iEthereum (IETH)? Its Market Status and Risk Analysis
-
6
OXY Coin: The Current State and Token Analysis of the Oxygen Protocol
-
7
PRANA Coin: Staking Equity Certificate of Nirvana Protocol and Its Market Status
-
8
PCX Coin Status Analysis: ChainX Project Positioning, Technology, and Market Liquidity Challenges
-
9
Analysis: SpaceX Stock Rebounds to Near IPO Opening Price After Pullback; Historical Data Suggests a Price Range of $100-$170 One Year Later
-
10
Nebius Group's Q2 AI cloud contracts saw estimated payback period shorten to ~1 year 10 months, down from a historical 2-3 years
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
