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 NFT Marketplace Introduces More Flexibility to the Ape NFT Staking Program
https://www.binance.com/en/support/announcement/36f78e467c4b4fc9a24690c4dca1ecbe

Binance NFT Marketplace Introduces More Flexibility to the Ape NFT Staking Program.