What Binance USD is designed to do
Binance USD (BUSD) is a fiat-backed stablecoin, currently ranked 232nd by market capitalization among the assets we track. Binance USD 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.
How the peg is meant to hold
Pegs are defended by market makers who profit from closing any gap to par. The strength of that defense comes down to whether the backing assets are liquid and the issuer is solvent.
Where Binance USD sits in the market
With BUSD near $1.02, Binance USD carries a market capitalization of $56.25M. Around $175.84K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.31% of the float — on the quieter side, which can mean thinner liquidity for large orders.
What the price history shows
Volatility profile
Recent action puts Binance USD in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate a stablecoin like Binance USD
A grounded read on BUSD comes down to three questions:
- Reserve quality — what backs BUSD — 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.
