Where BUSD Stands Today
Right now, BUSD is trading at roughly 1.00017 USDT per token, with a tiny uptick of about +0.00987% over the last day. That narrow range shows the stablecoin is still doing its job—holding tight to the dollar peg it was designed to maintain.
But the bigger story isn’t about price. It’s about what’s happening behind the scenes. New York regulators stepped in and told Paxos, the company that actually issues BUSD, to stop minting new tokens. That effectively put the stablecoin into managed decline. Binance, which branded and promoted BUSD across its platform, has been quietly winding down support and nudging users toward other options. The result? BUSD’s market cap has collapsed from a peak near $23 billion down to almost nothing. People are moving on, and fast.
What used to be seen as a reliable alternative in the stablecoin space now feels more like a legacy token in its final chapter. The peg is holding for now, but the infrastructure and trust that kept it relevant are fading.
What the Charts Are Saying
Stablecoins don’t move like other crypto assets. They’re not supposed to. But even within that narrow band, there are small fluctuations worth tracking—especially when liquidity starts thinning out.
Looking at pivot points for BUSD/USDT on the daily timeframe, here’s the landscape:
– Resistance 3 (R3): 1.00587
– Resistance 2 (R2): 1.00453
– Resistance 1 (R1): 1.00267
– Pivot Point (P): 1.00133
– Support 1 (S1): 0.99947
– Support 2 (S2): 0.99813
– Support 3 (S3): 0.99627
The rate of change over the most recent period sits at around +0.10%, suggesting a slight upward drift. If buying interest picks up—maybe from traders using BUSD briefly for arbitrage or settlements—price could nudge toward R1 around 1.0027. Beyond that, R2 and R3 are unlikely targets unless something unusual happens across the broader stablecoin market.
Two Scenarios Worth Watching
If things go well: A temporary spike in demand could push BUSD toward R1 at roughly 1.0027. In rare cases, it might even touch R2 near 1.0045 before arbitrage traders and redemption mechanics pull it back down toward the pivot at 1.0013.
If things turn sour: New regulatory restrictions on Paxos, or exchanges limiting withdrawals, could drag the price down toward S1 around 0.9995. Worse news might push it to S2 near 0.9981, though anything below that seems unlikely as long as redemption policies stay intact and reserves are honored.
What This Means Going Forward
For most people holding BUSD, the main concern isn’t wild price swings—it’s whether they’ll be able to redeem their tokens smoothly when they need to. With issuance shut down and market share shrinking, liquidity is drying up. That means small gaps could start appearing, especially in less popular trading pairs or during moments of market stress.
If you’re holding a significant amount of BUSD, it might be worth considering a shift. Stablecoins like USDC or newer compliant alternatives have stronger backing, clearer regulatory standing, and more robust infrastructure. The peg is holding steady for now, but the foundation underneath is getting weaker.
BUSD isn’t broken yet. The price still hovers right around a dollar, and the technicals suggest it’ll stay in a tight range in the near term. But with no new tokens being minted, platform support fading, and regulatory clouds hanging overhead, that stability feels more fragile than it used to. Keep an eye on announcements from Paxos and regulators, and don’t assume things will stay smooth forever.
