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Binance USD (BUSD): A Stablecoin Compliance and Security Case Study
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[QUOTE="Suba, post: 170003, member: 3658"] Thanks for sharing, Binance USD (BUSD) is a stablecoin token running on ERC-20 on the Ethereum blockchain which was launched in September 2019. BUSD is pegged at 1:1 USD held in US banks. Although currently the price of BUSD is below $1 ($0.9999). BUSD is officially approved by the New York State Department of Financial Services (NYDFS). BUSD is audited every month by the Withum audit service, so BUSD is more trusted and secure compared to other stablecoins. [/QUOTE]
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Binance USD (BUSD): A Stablecoin Compliance and Security Case Study
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