Binance USD (BUSD) Transparency Reports

We make every report available – because your money matters.

Binance USD (BUSD) Transparency Reports

We make every report available – because your money matters.

Monthly Reserve Reports

BUSD, a Binance branded stablecoin issued by Paxos Trust Company, is reviewed by a top-ranking auditing firm on a monthly basis to verify the outstanding token supply matches the dollars held in reserve. All reserves are 100% backed by cash and cash equivalents expressly guaranteed by the full faith and credit of the United States Government, including those made through repurchase agreements and/or money-market funds composed of such debt instruments.

Jun     Jul     Aug

Paxos issued stablecoin BUSD

A digital dollar that always equals a dollar

Regulated

Highest industry standards
Paxos’ issuance of BUSD – and its reserves – are subject to strict regulatory oversight by the New York State Department of Financial Services, meeting the highest standards of consumer protection.

1:1 Redemption

Always available
BUSD reserves are held 100% in cash and US treasuries, meaning customer funds are always available for 1:1 redemption.

Bankruptcy Remote

Assets fully segregated
Under New York banking law, in the event of Paxos Trust’s insolvency, customer assets would not be used to satisfy the debts of Paxos because client assets are held bankruptcy remote. All BUSD stablecoin reserves are held in segregated, bankruptcy remote accounts.

Regulation & Transparency

Building trust in digital assets with regulated blockchain infrastructure & regulated, fully-backed USD stablecoins.

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