Binance USD
BUSD
Crypto
Stablecoin
USD 1.00+0.09%
Binance USD
UMushroom community rating:
About
Stablecoin
Categoryn/a
Consensus MechanismL2
L1/L2Asset backed
Sub-cateegorybnb
Ecosystem2019
Year of creation
Description
Binance USD (BUSD) is a Stablecoin crypto token. Binance USD was founded on 2019-09-20 on the BNB ecosystem. More information can be found at https://www.binance.com/en/busd.
Key Technical Advantages:
Standalone Blockchain: BNB Smart Chain (BSC) is a standalone blockchain that runs parallel to Beacon Chain (BC) and is designed to be self-contained, providing different services while maintaining high performance. Ethereum Compatibility: BSC aims to be compatible with the Ethereum mainnet, allowing most dApps, ecosystem components, and toolings to work with BSC with zero or minimal changes, while also leaving room for further Ethereum upgrades. Staking Involved Consensus and Governance: BSC uses a staking-based consensus system that is environmentally friendly and offers more flexibility for community governance, enabling better network performance compared to proof-of-work systems. Native Cross-Chain Communication: Both BC and BSC have native support for bi-directional, decentralized, and trustless cross-chain communication, focusing on the transfer of digital assets such as BEP2 tokens and other BEP tokens introduced later. Design Principles: BSC is designed as a standalone blockchain with Ethereum compatibility, staking-based consensus, native cross-chain communication, and high performance for smart contract functionality alongside Beacon Chain. Content summarized by AI chatbotSource:
Key figures
-0.05%1Y
-0.60%3Y
0.04%5Y
Performance
1/ 11D
1/ 01M
1/ 01Y
Highs/ Lows
13.03.2024
USD 1.04
All Time High
96.24%
% of All Time High
-4.07%All Time
-4.07%1 year
Max drawdown
#566
Ranking by Market Cap
68.31 M
Market cap (USD)
0.00%
% of Market
203.396 B
Category Market Cap (USD)
0.03%
% of Category
68223480
Circulating Supply
68223480
Liquid Supply
100.00%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
16145952
Volume Traded
29.72%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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