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 WBETH/USDT Trading Pair and Launches WBETH Zero Maker Fee Promotion
https://www.binance.com/en/support/announcement/7d6520bcf5b44af1a585ee0f27e16e10

Binance Adds WBETH/USDT Trading Pair and Launches WBETH Zero Maker Fee Promotion.