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Binance-Peg BUSD Token (Binance Bridge) logo

Binance-Peg BUSD Token (Binance Bridge)

BPBUSD
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About Binance-Peg BUSD Token (Binance Bridge)

For clear data distinction, this token, initially issued as BUSD and bridged onto the Binance network by Binance Bridge, is listed under the alternative ticker BPBUSD. The Binance Pegged BUSD is a token offered as part of the pegged token service by Binance. For this token, Binance locks FDUSD tokens and issues the equivalent amount of Binance-Peg BUSD on corresponding other networks (BNB Chain, Avalanche, Polygon, TRON, Optimism, etc.). Please note that Binance-Peg BUSD is a Binance product; it is not issued by Paxos, is not regulated by the NYDFS, and is not collateralized by BUSD on Ethereum. Additionally, Binance USD (BUSD) has been deprecated and is no longer issued or supported on major platforms. This separation ensures precise tracking and management of assets across the Binance Network’s liquidity, governance structures, and technical infrastructure.

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