> ## Documentation Index
> Fetch the complete documentation index at: https://docs.paxos.com/llms.txt
> Use this file to discover all available pages before exploring further.

# BUSD

> Redeem or convert BUSD on the Paxos platform.

Paxos no longer mints new BUSD, but allows customers to redeem BUSD for USD or convert their BUSD to USDP.
Read the [Paxos statement on BUSD](https://paxos.com/2023/02/13/paxos-will-halt-minting-new-busd-tokens/).

> **Questions?** [Contact the Stablecoin Team](https://support.paxos.com).