New direction opened – BUSD (BEP20) stablecoin
24.05.2023
Wow! There is a new position in the listing of the ObmenoFF service - Binance USD (BEP20). We are sure that many have been waiting for BUSD in this particular protocol, so we hastened to add it to the list of available directions. And for those who are little familiar with this stable coin, we have prepared some general information: Binance USD (BUSD)is a stablecoin , developed by the Binance cryptocurrency exchange. It is a digital asset pegged to the US dollar and intended to be used as a medium of exchange on the Binance Chain blockchain. The coin was launched in September 2019, and since then has become one of the most popular stablecoins on the market with a total capitalization of over5.4Billion dollars and6.4Mholders. The coin was issued by Paxos Trust Company, which is regulated by the New York Department of Financial Services (NYDFS). This ensures that all transactions using BUSD comply with applicable financial regulations, making it a safe option for those who want to store capital in cryptocurrency but do not want to take risks due to market volatility.