Binance USD

Market Open
13 Mar, 16:00
$
1. 006000
+0.006
+0.6%
$
182,164 Volume
$ 1
Previous Close
Add Transaction
Day Range
0.98 1.022
Year Range
0.98 1.5
Want to track BUSDUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

BUSDUSD Overview

BUSDUSD denotes the price of Binance USD (BUSD) expressed in US dollars. It quotes the market value of one BUSD relative to the USD and reflects how closely the stablecoin maintains its dollar peg across trading venues.

Binance USD is a dollar-pegged stablecoin introduced in September 2019 through a partnership between Binance and Paxos Trust Company. Paxos issues BUSD as a fiat-backed token with a stated 1:1 USD reserve backing and operates under regulatory oversight; the token exists on multiple blockchains (for example ERC-20 and BEP variants) and is redeemable through the issuer under specified conditions.

The BUSDUSD rate is formed by trading activity and arbitrage across exchanges, with supply and demand dynamics, liquidity provision, redemption flows and market sentiment shaping minor deviations from the peg. Broader macro developments, payment flows and regulatory announcements can also influence short-term price dislocations.

BUSDUSD is widely used by traders and investors as a stable unit of account, a base currency for altcoin trading pairs, and an on/off-ramp for fiat exposure. It serves in risk management, settlement, liquidity provisioning and DeFi operations where a dollar-linked instrument is required.

While BUSD generally exhibits low volatility relative to crypto assets, temporary spreads or small deviations can occur on less liquid venues; major exchanges typically provide deep liquidity and tight pricing.

BUSDUSD Chart

BUSDUSD FAQ

What is the current Binance USD price?

The current price is $1.006000, based on the latest trades across major cryptocurrency exchanges.

What does the price change mean?

The price has changed by +0.006 (+0.6%), showing how much the asset has moved compared to the previous close.

What is the previous close for Binance USD?

The previous close was $1.000000, which serves as a reference point to measure daily performance.

How is the daily change percentage calculated?

The change percentage (+0.6%) is calculated based on the difference between the current price and the previous closing price.

What does the daily range show?

The range reflects the lowest ($0.980000) and highest ($1.022000) prices traded during the selected period, helping assess volatility.

Why is Binance USD (BUSD) moving today?

Price movements in Binance USD are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.

Is the current trend bullish or bearish?

If the current price ($1.006000) is above the previous close ($1.000000), it indicates upward momentum. If below, it suggests a downward trend.

Where can I see live charts for Binance USD?

You can view real-time charts, price updates, and market data for Binance USD (BUSD) directly on this page.