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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Notice Regarding the Removal of Selected Liquidity Pools on Binance Liquid Swap (2023-09-01)
https://www.binance.com/en/support/announcement/8b8e3721bc804c618c563e40cbe1ee2e

Notice Regarding the Removal of Selected Liquidity Pools on Binance Liquid Swap (2023-09-01).