$USDC Binance USD Coin (BUSD) is a stablecoin issued by Binance in partnership with Paxos, pegged 1:1 to the US dollar. It offers a reliable and secure digital asset that combines the stability of the dollar with the benefits of blockchain technology. As a fully regulated stablecoin, BUSD provides a transparent and efficient means for users to transact, trade, and store value on the Binance platform and beyond. It’s widely used for trading, saving, and earning yield within the Binance ecosystem, offering users a safe haven from the volatility typically associated with other cryptocurrencies. Additionally, BUSD can be used for a variety of decentralized finance (DeFi) applications, making it a versatile tool for both traders and investors in the crypto space.