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 Launches Coin Margined Futures Fee Discount Program
https://www.binance.com/en/support/announcement/69df7a9a91024c5f98b116bdd4ed5913

Binance Launches Coin Margined Futures Fee Discount Program.