⌘KTry LlamaAI

Binance USD

(BUSD)

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Onchain Marketcap$40.19m

Active Marketcap$40.19m

DeFi Active TVL$325,151

BUSD Price$0.99

Chains55

Token Properties

CategoryFiat Stablecoins

Asset ClassUSD Stable

TypeAsset

RWA ClassificationRWA

Access ModelPermissionless

Parent PlatformPaxos

Classification

RedeemableIndicates whether the token can be redeemed for underlying assets

KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)

TransferableIndicates whether the token can be transferred freely between on chain addresses

Self CustodyIndicates whether the token can be held in a user controlled wallet

CEX ListedIndicates whether the token is listed on a centralized exchange

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Issuer Information

IssuerPaxos Trust Company, LLC (for Binance)

Registry InformationPaxos Trust Company, LLC is a New York limited purpose trust company regulated by NYDFS.

Sourcehttps://paxos.com/busd/https://paxos.com/transparency/

Attestations

Date of Last Attestation2024-08-01

Attestation FrequencyMonthly (ended; BUSD discontinued)

View AttestationsThird-party verification reports

Notes

USD stablecoin issued by Paxos under New York trust regulation and branded for Binance. Reserves historically held in cash and short-term U. S. Treasury instruments with published reserve reports. new minting has been halted while redemptions remain available via Paxos.

DeFi Active TVL by Protocol

Protocol
Avalanche Core Bridge	$62,642	19.27%
Arbitrum Bridge	$59,997	18.45%
Layer2 Finance	$40,695	12.52%
Wrap Protocol	$26,631	8.19%
WagyuSwap	$20,235	6.22%
Curve DEX	$19,371	5.96%
Smoothy	$16,613	5.11%
Multichain	$14,697	4.52%
Aave (Treasury)	$13,810	4.25%
cBridge	$10,992	3.38%