{"id":2368,"date":"2020-01-08T09:03:08","date_gmt":"2020-01-08T06:03:08","guid":{"rendered":"https:\/\/crypto-mining.club\/?p=2368"},"modified":"2026-02-07T10:05:22","modified_gmt":"2026-02-07T07:05:22","slug":"binance-received-approval-for-stablecoin-busd","status":"publish","type":"post","link":"https:\/\/crypto-mining.blog\/en\/news\/binance-received-approval-for-stablecoin-busd\/","title":{"rendered":"Binance received approval for stablecoin BUSD"},"content":{"rendered":"\n
\"Binance<\/figure>\n\n\n\n

Binance Gets Stablecoin Busd Approval from New York State Regulator<\/strong><\/h2>\n\n\n\n

The popular cryptocurrency exchange Binance received approval from the New York State Financial Services Authority for the stablecoin Binance USD (BUSD), pegged to the US dollar.<\/p>\n\n\n\n

The launch of BUSD took place in September with the support of Paxos, the company responsible for keeping fiat reserves and issuing a \u201cstable coin\u201d. Currently, the market capitalization of Binance USD is $ 17.1 million (151th place in the CoinMarketCap ranking).<\/p>\n\n\n\n

Binance also today launched unlimited contracts for the XRP token paired with USD with a leverage of up to 75x.<\/p>\n\n\n\n

Among other things, Binance announced the delisting of several trading pairs with stablecoin USD Coin. ALGO \/ USDC, FTM \/ USDC, ONT \/ USDC, XLM \/ USDC, USDS \/ USDC will be deleted tomorrow, January 7th. However, the listed assets will be available for trading with other coins.<\/p>\n\n\n\n

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