| General information | |
|---|---|
| Global rank: | 470 |
| Name: |
|
| Symbol: | BUSD |
| Current coin price (PHP): | 59.49 ₱ |
| Last hour: | arrow_downward-0.010 % |
| Last 24 hours: | arrow_downward-0.060 % |
| Last 7 days: | -0.090 %trending_down |
| Capitalisation (PHP): | 4 134 889 501.43 ₱ |
| Volume 24h (PHP): | 389 626 005.55 ₱ |
| Available supply: | 69 511 448.00 BUSD |
| Start date: | 08/11/2018 |
BUSD/Philippine Peso (BUSD/PHP) price chart
BUSD/Philippine Peso (BUSD/PHP) capitalisation and volume charts
BUSD is a price-stable encrypted digital currency backed by US dollars. Each BUSD has 100% of its value collateralized by US dollar assets stored away in a third-party bank account. The value of assets in reserve will always be greater than BUSD in circulation. In order to better protect users, BUSD supports soft/hard freezes on assets, notifies users of each transaction, and allows for assets to be tracked in the event of theft or fraud.