Binance USD (USD) is a stable coin issued by the regulated Paxos platform with the support of the Binance cryptocurrency exchange. It is pegged to the US dollar and backed by real currency in bank accounts, which is confirmed by monthly checks. Binance USD is one of the few digital currencies approved by the NYDFS (New York State Financial Services Authority).

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Binance Adds AUCTION, C98 & DEXE and Launches Stablecoins Promotion on Isolated Margin
https://www.binance.com/en/support/announcement/a2a4a30f190c43389032a496d2fdb18a

Binance Adds AUCTION, C98 & DEXE and Launches Stablecoins Promotion on Isolated Margin.

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