Binance USD

$34M market cap

Issued by Binance / Paxos · reviewed 8 September 2026

Market cap: $34M -0.16% 7d
30-day trend
Volume / market cap: 0.0%
Peg drift, 30 days: 0.46%

Market data as of 8 September 2026, the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

Last verified 2026-07-11. 1 of the 8 fields shown is recorded but not yet verified and is marked below; 4 further tracked fields are not recorded.

BUSD was a USD-pegged stablecoin issued by Paxos Trust Company, LLC under the Binance USD brand. Paxos halted new issuance in February 2023 after direction from NYDFS and began winding down the product.

01

Instrument facts

8 of 12 tracked fields recorded

Symbol	BUSD
Peg	USD
Backing	Fiat backed
Status	Active
Networks	L1 EVM Ethereum
Specifications	Backing USD-denominated reserves held in segregated bankruptcy-remote accounts Auditor KPMG LLP Reserve reporting Attestation unverified Redemption Paxos stated in February 2023 that BUSD would remain fully supported and redeemable to onboarded customers through at least February 2024, either for U.S. dollars or conversion to Pax Dollar. KYC required Yes
Use cases	Trading, Settlement
Regulatory status	Jurisdiction New York, United States · License type NYDFS supervision — new issuance halted (wind-down) · Status n/a · Issued 2023

02

Supply by chain

1 chains · $34M total

Chain	Supply
Ethereum	$34M

Chains holding at least $1M of this token, from the daily cross-chain compilation. The total may differ from the market capitalization above, which is a separate measurement.

03

Contract addresses

1 chain

Chain	Address
Ethereum	`0x4fabb145d64652a948d72533023f6e7a623c7c53`

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

Official site

04

Background

## Overview BUSD was a USD-pegged stablecoin issued by Paxos Trust Company, LLC under the Binance USD brand. Paxos halted new issuance in February 2023 after direction from NYDFS and began winding down the product. ## Key Features - Paxos-issued USD stablecoin associated with Binance brand - NYDFS-supervised issuer - New issuance halted in February 2023 - Monthly reserve reports no longer proactively provided during wind-down ## Reserve Backing USD-denominated reserves held in segregated bankruptcy-remote accounts. ## Supported Networks Available on Ethereum.

Compiled from issuer disclosures, on-chain data and market data. Binance / Paxos · Methodology