Fellow Binancians,
Paxos has issued and launched Binance USD (BUSD), a stablecoin pegged to USD, with approval from the New York State Department of Financial Services (NYDFS). BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD.
Binance will be listing BUSD and and we will share further details, including the exact listing time, in a separate announcement soon.
Token/Asset Explorers: https://etherscan.io/token/0x4Fabb145d64652a948d72533023f6E7A623C7C53
Thank you for your support!
Binance Team
2019-09-06
Note: This announcement was updated on 2024-09-05.
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
Find us on
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
