What is Binance USD?
Binance USD (BUSD) is a stablecoin that maintains a 1:1 value with the US dollar, ensuring its market value is always pegged to one dollar. This coin started in 2019 through a partnership between Binance, a top cryptocurrency exchange, and Paxos, a blockchain infrastructure platform.
Now, what’s interesting about BUSD is that it combines the stability of the US dollar with the advantages of blockchain technology. This makes BUSD a reliable and efficient choice for online gamblers.