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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Wallet Maintenance for USDC Withdrawals on Selected Networks - 2025-08-06
https://www.binance.com/en/support/announcement/detail/90ef9322872c470cae8030b112ec8b4c

Wallet Maintenance for USDC Withdrawals on Selected Networks - 2025-08-06.