Compared to other dollar-backed stablecoins, Binance USD (BUSD) stands out due to its approval from the New York State Department of Financial Services (NYDFS). BUSD was created in tandem with Paxos and Binance, and it is backed by the U.S. dollar at a ratio of 1:1.
The BUSD price on YouHodler is aggregated from several different cryptocurrency exchanges in an attempt to provide the most accurate price possible. YouHodler combines BUSD price rates from Binance, Kraken, Huobi, OKEx, and others.
To monitor BUSD prices efficiently, we recommend downloading our app for iOS and Android compatible smartphones. This allows you to follow the latest BUSD price anytime, anywhere.
The crypto market constantly changes, however, our interest rates are stable as ever. Since 2019, our BUSD savings account has featured 10% APR + compounding interest. That the dependability you can always expect with YouHodler. Welcome to the family.