Institutions
![](/_next/image?url=%2Fstatic%2Fimages%2Fwhite_caret_down.png&w=32&q=75)
About Binance USD (BUSD)
Binance USD (BUSD) is a USD-backed stablecoin issued by Paxos Trust Company in partnership with Binance. Binance acts as a merchant, primary exchange, and secondary exchange for BUSD.
![rewards card](/_next/image?url=https%3A%2F%2Fimages.ctfassets.net%2Fjg6lo9a2ukvr%2F5TvzXAUY5TIdfvi3Nm54fZ%2F3cdd7e9c7bc2acb715957fab71d3e773%2Fimage.png&w=1024&q=75)
Refer friends and get crypto
You can get $15 in the crypto of your choice and earn up to 25% of your friends' trading fees for a year.
Binance USD Cryptopedia articles
![Gemini-The Global Stablecoin Ecosystem-100](https://images.ctfassets.net/0idwgenf7ije/6pd6qPFVD0dl43MSFykOJb/b1e12c2674f68366733b783cc7b9b1fe/Gemini-The_Global_Stablecoin_Ecosystem-100.jpg?fm=webp)
The Global Stablecoin Ecosystem
Cryptopedia Staff • 7 min read
See more