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 Presents Stake Wars - Stake BNB on Binance Chain Testnet with 3,000 BNB in Prizes
https://www.binance.com/en/support/articles/aefe40eafc48403fa188f831be71f5c7

Binance Presents Stake Wars - Stake BNB on Binance Chain Testnet with 3,000 BNB in Prizes.