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BUSD is a stablecoin provided by the cryptocurrency trading platform giant Binance. Binance issues BUSD backed by fiat USD in 1:1 ratio in a partnership with NewYork regulated financial institution Paxos. BUSD stands out with its US-regulated financial foundation. Since its creation in 2019, BUSD gained ground faster than other stablecoins.
With a total market cap of over $2.43 billion, BUSD is the No. 28 cryptocurrency by market size. The currency symbol for BUSD is BUSD. The total supply of BUSD is 2.43 billion coins.
We found crypto protocols offering up to 271.8% APY on BUSD deposits (48% APY DeFi) and loans as low as 11.6% APY against BUSD used as collateral. Check out our BUSD staking yields table and BUSD loan rates table for further details.
The technical price analysis for BUSD below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of BUSD.
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