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 Liquid Swap Adds ETH Support and Opens ETH/BUSD Liquidity Pool
https://www.binance.com/en/support/announcement/88dda0a385f84512b96a4bc3fa799c17

Binance Liquid Swap Adds ETH Support and Opens ETH/BUSD Liquidity Pool.