BUSD
BUSD
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for BUSD.
AI Analysis
Comprehensive evaluation of the token
BUSD is currently in a terminal 'sunset' phase following the February 2023 NYDFS order prohibiting Paxos from minting new tokens. Consequently, the project receives a score of 0 for Active Development, as the roadmap is strictly defined by deprecation and the cessation of services. Binance has officially ended support for the asset, delisting all trading pairs and auto-converting user balances to FDUSD, which has decimated both Community Support and Market Use Case (Scores 1.0). The Tokenomics are now purely deflationary and restricted to a 'redemption-only' model with no prospect of future issuance or utility. While the Team and Governance score (3.0) reflects the credibility of Paxos in honoring 1:1 redemptions, the project failed due to centralized governance and regulatory oversight issues. Similarly, while the Security and Audit History (6.5) highlights robust smart contract code, it is marred by admitted operational negligence regarding the collateralization of the Binance-Peg version. Overall, BUSD is a discontinued asset with no investment viability.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About BUSD (BUSD)
Binance-Peg BUSD (BUSD)
Binance-Peg BUSD is a fully regulated, USD-backed stablecoin pegged 1:1 to the U.S. dollar. Issued in partnership with Paxos and approved by the New York Department of Financial Services (NYDFS), BUSD offers a secure, transparent, and low-volatility digital asset.
Key Features
- Stable Value: Each BUSD token is backed by an equivalent U.S. dollar held in FDIC-insured bank accounts or U.S. Treasury bills.
- Regulated Issuance: Issued by Paxos Trust Company under NYDFS oversight, with monthly reserve attestations by an independent auditor.
- Multi-Chain Support: Available on BNB Smart Chain, Ethereum (ERC-20), Polygon, Avalanche, and other major blockchains.
- Fast & Low-Cost Transactions: Enables near-instant transfers and minimal fees across supported networks.
Use Cases
- Trading & Hedging: Enter and exit volatile markets without moving funds off-chain.
- Payments & Remittances: Send USD-pegged value globally, 24/7, without currency conversion delays.
- DeFi Integration: Widely supported across decentralized exchanges, lending protocols, and yield platforms.
Technical Specifications
- Symbol: BUSD
- Decimals: 18
- Contract Addresses:
- BNB Smart Chain:
0xe9e7cea3dedca5984780bafc599bd69add087d56 - Ethereum (ERC-20):
0x4fabb145d64652a948d72533023f6e7a623c7c53
- BNB Smart Chain:
Discover the benefits of a regulated USD stablecoin with Binance-Peg BUSD.
