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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Time to look at this month's market insights!

#Binance Research team analysed the state of the crypto market and provided insights on Telegram Bots, Real-World Assets, StarkNet, LayerZero, and other topics.

Read on ⬇️
https://research.binance.com/en/analysis/monthly-market-insights-2023-08

Time to look at this month's market insights.