BUSD

Binance USD (BUSD) is a fiat-backed stablecoin designed to maintain a value of 1 US dollar at all times, making it useful for people who want to move value across digital-asset platforms without exposure to price swings. It received approval from the New York State Department of Financial Services, which means it operates under a defined regulatory framework. Its intended users are anyone who needs a dollar-denominated unit that can be held or transferred within blockchain ecosystems, particularly on Ethereum.

BUSD is a fiat-backed stablecoin, meaning each token in circulation is intended to be matched by one US dollar held in reserve by the issuing entity, allowing holders to redeem tokens at a rate of 1 BUSD to 1 USD. The token exists within the Ethereum ecosystem and does not rely on its own consensus algorithm or block production — it inherits the settlement properties of whatever chain it is deployed on. No consensus algorithm or block time is recorded for BUSD itself, because it is a token layer sitting on top of an existing network rather than a standalone blockchain.

The data stored for BUSD contains no fee stream — there is no recorded protocol revenue, no fee collected from users, and no portion distributed to any party. This means that fee-based measures typically calculated for this site are not applicable to BUSD as described here. The circulating supply stands at approximately 35,311,428 tokens on a point-in-time basis, and the 30-day change in stablecoin supply is recorded as 0.0, indicating no net issuance or redemption over that period.