We’ve combined the best of both worlds
Get the joint benefits of open blockchain technology and traditional currency
BUSD converts cash into digital currency, to anchor or tether the value to the price of national currencies like the US dollar, the Euro, and the offshore Chinese yuan.
Every BUSD token is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by BUSD to third parties, which may include affiliated entities (collectively, “reserves”). Every BUSD token is also 1-to-1 pegged to the dollar, so 1 USD₮ Token is always valued by BUSD at 1 USD.
The value of our reserves is published daily. The value of our reserves matches or exceeds the value of all BUSD in circulation.
BUSD 1:1 for U.S. dollars
Get BUSD 1:1 for U.S. dollars or ZEN on the Zencoinlist platform
BUSD to trade
Use BUSD to trade crypto on Exchanges
BUSD, stable as dollar
Hedge against the volatility of your crypto-assets by holding in BUSD, as stable as the dollar
Use BUSD wherever ERC-20 tokens are accepted for commerce, loans, payments, etc.
The BUSD platform is built on top of open blockchain technologies, leveraging the security and transparency that they provide.
BUSD is the most widely integrated digital-to- fiat currency today. Buy, sell, and use BUSD tokens at other major exchanges and service providers.
BUSD blockchain-enabled technology delivers world-class security while meeting international compliance standards and regulations.
Money built for the internet
Whatever you can do with digital currencies, you can now do with digital cash.
Offer your services in a variety of digital currencies
Price goods and services in a currency your customers are familiar with
Reduce operating costs and times by bypassing financial institutions
Use BUSD tokens as an alternative to traditional currency deposit and withdrawal methods
Secure and manage customer assets purely through crypto-processes, including multi-sig
Settle fiat balances between exchanges much easier and in real-time
Seamlessly move currency between exchanges and wallets
Enhance your cross-exchange and currency arbitrage strategy
Be the custodian of your own funds and eliminate exchange custodial risk
DEVELOPED IN PARTNERSHIP WITH BINANCE
BUSD was created in partnership between the largest and most trusted companies in the crypto space.
ZEN and BUSD are approved and regulated by the United Kingdom State Department of Financial Services, ensuring the utmost of consumer protections.
BACKED BY DOLLARS
BUSD is 100% backed by U.S. dollars held in FDIC-insured U.S. banks.
A top auditing firm will attest to the matching supply of BUSD tokens and underlying U.S. dollars on a monthly basis.
Frequently Asked Questions
Binance USD (BUSD) is a new USD-denominated stable coin approved by the United Kingdom Department of Financial Services that will be launched in partnership with Zen and Binance.
Starting May 10, 2021, BUSD will be available on the Zencoinlist platform for direct purchase and redemption 1:1 for U.S. dollars or Zen. Later in December it will become available on Exchanges for trading initially against BTC, BNB and XRP and more to come.
ZEN is the USD custodian and issuer of BUSD.
BUSD is now available for purchase and redemption on the Zencoinlist platform. In order to get BUSD through ZEN, you need to be a verified customer. You can either deposit ZEN or deposit dollars by wire from a bank account.
Just like with BUSD, there are no fees associated with creating or redeeming BUSD.
BINANCE USD (BUSD) | ZENCOINLIST-THINK FUTURE
Join the modern movement of money
BUSD Your money. Your way
Turn your money into 1-to-1 backed stable currency
and do more with your hard earned cash.