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Binance USD

Stablecoin
What is Binance USD?

Binance USD (BUSD) is a stablecoin pegged 1:1 to the US Dollar, originally issued by Paxos in partnership with Binance. BUSD operates primarily on the Ethereum and BNB Chain networks. Note: New minting of BUSD has been discontinued, but existing tokens continue to be redeemable at 1:1 for US Dollars through Paxos.

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