What BFUSD is designed to do

BFUSD is a fiat-backed stablecoin, currently ranked 34th by market capitalization among the assets we track. BFUSD is a fiat-backed stablecoin: each token is meant to be redeemable for a reference currency held in reserve, so its job is to stay flat, not to appreciate. It is plumbing for the crypto economy rather than a bet on price.

BFUSD is a stablecoin designed to maintain a consistent value pegged to the US dollar, facilitating seamless transactions and value transfer in the cryptocurrency market.

How the peg is meant to hold

A fiat-backed stablecoin holds its peg through redemption: if BFUSD trades below its target, arbitrageurs buy it cheap and redeem at par, and vice versa. That arbitrage only works if redemption is real and reserves are sufficient.

Background & fundamentals

In sector terms it is most often filed under Stablecoin.

Where BFUSD sits in the market

At $0.9991, BFUSD carries a market capitalization of $1.66B. Around $2.27M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.14% of the float — on the quieter side, which can mean thinner liquidity for large orders.

BFUSD carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. At the current $0.9991, BFUSD sits essentially at its record high — the riskier end of the range for fresh entries.

What the price history shows

The tape currently reads 7-day -0.02%, 30-day -0.10%. Within its 292-day range, BFUSD sits around the middle (the 53rd percentile of recent daily closes).

Volatility profile

Recent action puts BFUSD in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals -0.10%, a useful input for stop placement and position sizing.

How to evaluate a stablecoin like BFUSD

For an asset of this type, three lenses matter most:

  • Reserve quality — what backs BFUSD — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
  • Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
  • Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.