- #1566
Balanced Dollars BNUSD
BNUSD Price
Market Cap
$4.19 MRank #1566FDV
$4.19 MRank #4294Investors
Twitter Followers
Twitter Performance
211WeakRank by Twitter #6704- 0
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Detailed Performance
BNUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
BNUSD to USD Converter
Price History
- All-Time High
- $1.851.86x to ATH
- All-Time Low
- $0.71381.40x to ATL
- Trade Launch Date
- 13 Oct, 2021
1060 days ago
About BNUSD
Balanced Dollars (bnUSD) is a decentralised stablecoin that is designed to track the value of 1 USD. It is backed by cryptocurrency collateral and supports assets from various blockchains. Unlike experimental or algorithmic stablecoins, bnUSD is over-collateralized, meaning its total supply cannot exceed the value of the assets that back it. It provides stability and can be used for various transactions within the Balanced protocol.
What makes Balanced Dollars unique?
Balanced Dollars (bnUSD) stands out from other cryptocurrencies due to its nature as a stablecoin. It is designed to track the value of 1 USD, making it a reliable and predictable digital asset. What sets bnUSD apart is its decentralized nature and the fact that it is backed by cryptocurrency collateral. This over-collateralization ensures that the total supply of bnUSD cannot exceed the value that supports it, providing stability and confidence to users. Additionally, Balanced Dollars is built on the Balanced protocol, which is focused on simplifying the decentralized finance (DeFi) experience for mainstream adoption.
Live Balanced Dollars Price Data
The current price of Balanced Dollars (BNUSD) is approximately $0.997, reflecting a decrease of -0.59% in the last 24 hours. The BNUSD trading volume in the last 24 hours stands at $62,773.00. Balanced Dollars's market cap is currently $4.19 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of BNUSD is 4.20 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Balanced Dollars's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on BNUSD, check out our crypto insights page.
BNUSD to USD Converter
Price History
- All-Time High
- $1.851.86x to ATH
- All-Time Low
- $0.71381.40x to ATL
- Trade Launch Date
- 13 Oct, 2021
1060 days ago