What Is Binance USD (BUSD) Stablecoin? 8 hours ago by Oluwapelumi Adejumo · 6 min read Photo: Shutterstock You have successfully joined our subscriber list. Here we’ll have a deeper look at Binance USD (BUSD) – fiat-backed stablecoin that was the first to receive regulatory approval from the New York State Department of Financial Services. The debut of stablecoins into the financial market is a significant breakthrough in the crypto industry. Building a bridge between traditional financial assets and volatile lucrative crypto space, stablecoins are rapidly changing the way the world sees digital finance. Serving as digital assets capable of holding value in real-world currency, stablecoins protect investors’ assets from the volatility of the crypto market.