What problem does this service solve?

Binance USD allows traders to convert US Dollars to a digital version without trading fees.

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About Binance USD

Binance USD stablecoin is backed by US Dollars, and is issued in partnership by Binance and Paxos. The coin is approved by the New York State Department of Financial Services (NYDFS), and allows traders to convert US Dollars to a digital version without trading fees.

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