BFUSD

$1.3B market cap

Issued by Binance · reviewed 10 October 2026

Market cap: $1.32B -0.13% 7d
30-day trend
Volume / market cap: 0.3%
Peg drift, 30 days: 0.16%

Market data as of 10 October 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.

BFUSD is a reward-bearing Binance account asset launched in 2024 and is not an independently transferable blockchain stablecoin. Binance uses reserve and hedging strategies to support its value and distributes rewards to eligible holders.

01

Instrument facts

Symbol	BFUSD
Peg	USD
Backing	Crypto backed
Status	Active
Launched	2024
Specifications	Redemption Eligible Binance users can redeem BFUSD into supported USD stablecoin balances under Binance's standard or fast redemption mechanisms, subject to applicable limits and fees.
Use cases	DeFi collateral, Trading

Official site

02

Background

Overview

BFUSD is a reward-bearing Binance account asset launched in 2024 and is not an independently transferable blockchain stablecoin. Binance uses reserve and hedging strategies to support its value and distributes rewards to eligible holders.

Key Features

BFUSD is a Binance platform balance asset rather than a transferable blockchain token.
It generates rewards from strategies including delta-neutral funding/basis activity and staking-related returns.
It can be used as margin collateral within eligible Binance futures products.

03

Frequently asked questions

What is BFUSD?

BFUSD is a reward-bearing Binance account asset launched in 2024 and is not an independently transferable blockchain stablecoin. Binance uses reserve and hedging strategies to support its value and distributes rewards to eligible holders.

What is the market capitalization of BFUSD?

BFUSD has a market capitalization of $1.3B as of 10 October 2026.

04

Other US dollar stablecoins

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