Skip to main contentSkip to data table
Pharos
PHAROSlive stablecoin signals

BFUSD (BFUSD) stablecoin analytics

BFUSD is a Binance account product redeemable inside Binance against USD stablecoins, backed by an opaque collateral pool and hedging portfolio.

Static Profile

Static stablecoin profile

BFUSD (BFUSD) static profile: governance model Centralized (CeFi); backing model Crypto-Collateralized; peg US Dollar.

AI summary / Updated May 15, 2026

BFUSD is a Binance account product redeemable inside Binance against USD stablecoins, backed by an opaque collateral pool and a delta-neutral hedging portfolio — not a normal on-chain stablecoin. BFUSD is included because it has meaningful CoinGecko coverage and a large Binance...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
Delta-hedged crypto positions (spot crypto such as ETH offset by equal short futures to collect funding fees), staked crypto (e.g. ETH staking via Binance Earn), and a USDT-seeded BFUSD Reserve Fund (~1.1M USDT, ~105% collateral value ratio at Nov 2024 launch); all assets are legally and beneficially owned by Binance, with no holder claim
Peg Mechanism
Binance account product purchased and redeemed 1:1 against supported USD stablecoins inside Binance, with Binance-controlled fees, limits, delays, and suspension rights
Jurisdiction
Not disclosed in the static profile.
Proof Of Reserves
Self-Reported PoR by Binance BFUSD product disclosures Reserve source
Contracts
No contract deployments are listed in the static profile.

Snippet Answer

Is BFUSD safe?

Pharos does not mark BFUSD as absolutely safe. Static metadata says BFUSD uses a Centralized (CeFi) governance model and Crypto-Collateralized backing, with Self-Reported PoR from Binance BFUSD product disclosures; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

Next Actions

Exact bot target: /subscribe dews,depeg,safety bfusd-binance

Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.

BFUSD quick answers

What is BFUSD (BFUSD)?

BFUSD is a Binance account product redeemable inside Binance against USD stablecoins, backed by an opaque collateral pool and hedging portfolio. The static profile records its US Dollar peg mechanism as: Binance account product purchased and redeemed 1:1 against supported USD stablecoins inside Binance, with Binance-controlled fees, limits, delays, and suspension rights

What backs BFUSD?

Pharos classifies BFUSD backing as Crypto-Collateralized. Collateral, per the static profile: Delta-hedged crypto positions (spot crypto such as ETH offset by equal short futures to collect funding fees), staked crypto (e.g. ETH staking via Binance Earn), and a USDT-seeded BFUSD Reserve Fund (~1.1M USDT, ~105% collateral value... Reserve evidence: Self-Reported PoR from Binance BFUSD product disclosures.

Can BFUSD be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for BFUSD, when applicable, appear in the dossier below.