Binance Peg BUSD token
Overview
Binance Peg BUSD is a tokenised version of the BUSD stablecoin deployed on blockchains other than Ethereum, created by Binance to enable cross-chain functionality. It maintains a 1:1 peg to the US dollar and is employed in trading, payments, and decentralised finance activities on networks such as BNB Chain and Avalanche.
Within The Counterparty graph, Binance Peg BUSD connects to 35 tracked entities, most strongly to Solana, Polygon, Avalanche.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 35 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Solana | 95% |
deployed_on | Polygon | 95% |
deployed_on | Avalanche | 95% |
deployed_on | BSC | 95% |
deployed_on | zkSync Era | 95% |
issued_by | Paxos | 95% |
deployed_on | Fantom | 95% |
deployed_on | OP Mainnet | 95% |
deployed_on | Moonbeam | 95% |
deployed_on | Metis | 95% |
Frequently asked questions
What is Binance Peg BUSD?
Binance Peg BUSD is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 35 other tracked entities, most strongly to Solana, Polygon, Avalanche.
What type of entity is Binance Peg BUSD?
Binance Peg BUSD is classified as a stablecoin (token) in The Counterparty knowledge graph.
What is Binance Peg BUSD connected to?
In The Counterparty knowledge graph, Binance Peg BUSD is linked to 35 other tracked entities, most strongly to Solana, Polygon, Avalanche.