Binance USD BUSD| Crypto Markets | Crypto Currency coingabbar.com

Binance USD (BUSD) is a 1:1 USD-backed stablecoincoin launched by Binance (in collaboration with Paxos), which has been authorized and governed by the New York State Department of Financial Services (NYDFS). The official website offers access to the BUSD Monthly Audit Report. BUSD, which was introduced on September 5, 2019, attempts to combine the stability of the dollar with blockchain technology.