Radar / Stablecoin issuer

BUSD – Binance USD

Stablecoin issuer binance.com ↗ Full listing

Signal from the RatEx42 listing Checking public sources…

Amberlisting

Not yet re-assessed

Our verdict

Be careful (earlier rating)

Our earlier listing flagged concerns. A full re-check is pending.

–Licensed for what it does?Not checked yet
–Warnings or fines from regulators?Not checked yet
–Owners known and transparent?Not checked yet
–Customer complaints?Not checked yet

What should I do?

  1. Check the licence yourself in the official register of the country where it operates.
  2. Start small – never send more than you can afford to lose.
  3. Keep screenshots of all payments and conversations.

Based on public sources at the date of review. Not a finding that the company acted unlawfully; the company can respond below.

About

1. Overview Stablecoin: BUSD Issuer: Paxos Trust Company for Binance Blockchain: Ethereum (ERC‑20), BNB Chain, Avalanche, Polygon, Solana, and more Launch: September 2019 Type: Fiat-backed, centralized (redeemable 1:1 for USD) 2. Use Case BUSD is designed for: High-throughput trading liquidity on Binance and other major exchanges Cross-platform transfers across Binance’s multi-chain ecosystem On/off-ramps for decentralized finance through wrapped versions Acting…

Read more

1. Overview Stablecoin: BUSD Issuer: Paxos Trust Company for Binance Blockchain: Ethereum (ERC‑20), BNB Chain, Avalanche, Polygon, Solana, and more Launch: September 2019 Type: Fiat-backed, centralized (redeemable 1:1 for USD) 2. Use Case BUSD is designed for: High-throughput trading liquidity on Binance and other major exchanges Cross-platform transfers across Binance’s multi-chain ecosystem On/off-ramps for decentralized finance through wrapped versions Acting…

The full check

🪪LicenceLicensing & registrationNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

👥Who owns itOwnership & controlNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

🏦Where your money goesBanking & payment chainNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

⚖️Regulator actionsRegulatory actionsNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

📰News & reputationAdverse media & OSINTNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

💬Customer experienceCustomer conductNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

How we rate: methodology.

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Version history

  • 2026-10-21 Insufficient data Listed, not yet assessed

Are you BUSD – Binance USD?

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Signals reflect our assessment of public information at the date of review. They are not a credit rating, not investment advice and not a statement that a company has acted unlawfully. Companies can respond to every profile; published statements and changes are shown on the profile and in the corrections log.