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 KNC, KAVA & ONE Super Rewards with up to 31.49% APY
https://www.binance.com/en/support/announcement/ee5b75abc0684181938efaddc546afb6

Binance Staking Launches KNC, KAVA & ONE Super Rewards with up to 31. 49% APY.