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 Extends Zero Fees For Peer-to-Peer Trading to 2020/10/20
https://www.binance.com/en/support/articles/e21c251edfc94dc28e8504dcecc29ca9

Binance Extends Zero Fees For Peer-to-Peer Trading to 2020/10/20.