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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Dual Investment - Notice on Upcoming Changes 
https://www.binance.com/en/support/announcement/e5bb18e5535547928f5cf3fddac85f7b

Dual Investment - Notice on Upcoming Changes.