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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The GXS Savings Activity Has Now Concluded
https://www.binance.com/en/support/articles/9417f634fa0b4db1af1e2c41b8c6a772

The GXS Savings Activity Has Now Concluded.