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 Staking Launches YFI Staking with Up to 4.49% APY
https://www.binance.com/en/support/announcement/de1dfcb0846a422a9d1f50f98ee0e8b8

Binance Staking Launches YFI Staking with Up to 4. 49% APY.