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Binance USD is a cryptocurrency that is backed by the US dollar. It is created by the popular cryptocurrency exchange Binance, and it is an ERC20 token based on the Ethereum blockchain. Binance USD is a stablecoin, meaning that its value is pegged to the US dollar. This means that 1 BUSD is always equal to 1 USD. Binance USD is used as a medium of exchange on the Binance platform and can be used to purchase other cryptocurrencies. It is also used for trading, investing and hedging against volatility. Binance USD is a popular choice for traders and investors because it is a stable, secure and reliable way to store and transfer funds. The news and articles related to Binance USD can help traders and investors stay up to date with the latest happenings in the cryptocurrency world.