What BOOKUSD is designed to do
BOOKUSD (BUD) is a fiat-backed stablecoin, currently ranked 305th by market capitalization among the assets we track. BOOKUSD 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.
BOOKUSD (BUD) is a cryptocurrency designed for use within the BOOK platform, aimed at facilitating digital transactions and services. It provides users with a secure and efficient means to engage in the platform's ecosystem.
How the peg is meant to hold
The mechanism is straightforward in theory — one token, one unit of reserve — but it depends entirely on the issuer actually holding and honoring those reserves. Attestation quality is therefore the core risk.
Background & fundamentals
In sector terms it is most often filed under Binance Coin (BNB) Token (BEP-20) and Stablecoin.
Where BOOKUSD sits in the market
With BUD near $1.03, BOOKUSD carries a market capitalization of $957.01K. Around $47.36 changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.00% of the float — on the quieter side, which can mean thinner liquidity for large orders.
BOOKUSD carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. The token is roughly -38% under its record of $1.68 — a meaningful but not catastrophic drawdown.
What the price history shows
Across timeframes, BUD shows 24-hour +0.03%, 7-day -0.36%, 30-day +4.69%, 1-year +4.51%.
Volatility profile
Recent action puts BOOKUSD 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 +4.69%, a useful input for stop placement and position sizing.
How to evaluate a stablecoin like BOOKUSD
A grounded read on BUD comes down to three questions:
- Reserve quality — what backs BUD — 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.