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 OGN Staking with Up to 47.79% APY
https://www.binance.com/en/support/announcement/88f1e77a8df5496e8304f42f5b7102e1

Binance Staking Launches OGN Staking with Up to 47. 79% APY.