Binance and Paxos will launch a USD backed token next month. New York State Department of Financial Services (NYDFS) has approved both the companies to distribute the coin. The stablecoin has been named Binance USD (BUSD). This dollar-pegged coin will be listed on Binance exchange, and Paxos will act as custodian and issuer of BUSD. Initially, […]Read full post Binance joins hands with Paxos to launch a USD backed stable-coin on Chaintimes.com.
