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 Locked Staking Support for LTO. Receive Annualized Interest Rate of up to 10%
https://www.binance.com/en/support/articles/bdbe0ac78e2e475ca72c5a99610bda28

Binance Staking Launches Locked Staking Support for LTO. Receive Annualized Interest Rate of up to 10%.