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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There was a tech issue with the withdrawal system just now. Lasted for about 10 min. Should be all fixed now. No need to FUD. 🙏😆

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https://twitter.com/cz_binance/status/1680840821887627265

Binance USD telegram news 17 July 2023 08:47