BUSD
Binance USD
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What is BUSD?

Binance USD is a stable coin issued by Binance, the world’s largest cryptocurrency exchange by trading volume. It is backed 1:1 by USD and is approved and regulated by the New York State Department of Financial Services (NYSDFS). Like all stable coins, BUSD attempts to peg its value to the external reference of the dollar. This makes it a less volatile cryptocurrency.

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Frequently Asked Questions (FAQs)