Binance-Peg BUSD, issued by Binance on BNB Chain (formally Binance Chain and Binance Smart Chain), operates pursuant to different procedures and is not issued by Paxos or regulated by the NYDFS.
Read moreWhat is Busd used for?
BUSD provides a monthly audited report of reserves in compliance with stringent regulatory standards to ensure the security and safety of user assets .16 Kas 2021
Read moreWhat coin is Busd?
What is BUSD? Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance (in partnership with Paxos), Approved and regulated by the New York State Department of Financial Services (NYDFS), The BUSD Monthly Audit Report can be viewed from the official website.
Read moreIs Busd same as USDT?
What Makes BUSD and USDT Similar? Both BUSD and USDT are pegged to the US dollar at a 1:1 ratio so there’s no need to worry about volatility. The minting process for these two currencies is the same.
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